With the Canadian government’s new pilot program offering a universal basic income to the households, we expect the CAD to grow stronger. Canada is the latest to launch this program after Finland, which announced a similar program in January. The province of Ontario announced plans to give free money to 4000 eligible Canadian households through […]

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The Canadian Dollar has dropped to record lows when compared to the US dollar. We expect this movement to continue in the days to come. The Bank of Canada continues to retain a cautious outlook despite the date surprises. If there is a drop in the oil prices, it will weaken the Canadian dollar further. […]

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