Wealthion - Be Financially Resilient

Wealthion’s Best Of 2025: Jonathan Wellum - Canada’s Economy in Big Trouble?

Dec 25, 2025
Guest
Jonathan Wellum
Jonathan Wellum, CEO of RockLinc and expert in resilient investment strategies, dives into Canada’s precarious economic landscape. He analyzes the recent election's unexpected outcomes and the implications for Canada’s GDP, currency valuation, and capital flight. Discussing the global shift in trade, Wellum reveals his investment strategy focused on holding significant cash reserves and a strong allocation to precious metals. He also highlights potential risks from a slowing U.S. housing market and consumer spending.
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INSIGHT

Weak Growth Left Canada Vulnerable

  • Canada's decade of Liberal policies produced weak GDP and capital flight, leaving the country vulnerable internationally.
  • The Liberals won again partly because the NDP collapsed and external factors like Donald Trump's rhetoric pushed older voters toward stability.
INSIGHT

How Small Swings Decided The Election

  • The NDP collapse and Trump rhetoric shifted votes to the Liberals, changing seat outcomes despite close popular vote shares.
  • Small percentage swings and strategic vote movements decided a near-majority result.
INSIGHT

Policy Choices Hurt The Canadian Dollar

  • Capital flight and heavy regulation under Liberal policies depressed the Canadian dollar and GDP per capita.
  • Reversing policy toward freer markets could lift the dollar back toward prior levels near 80 cents.
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