17 October 2019

 

Record Currency Management has produced a report on the Canadian economy following a survey of Canadian institutional investors. The survey included questions on the USMCA (the NAFTA replacement), the Canadian federal election next week, as well as the Canadian economy. In its report, Record highlights the relatively strong consensus amongst Canadian asset owners, asset managers, consultants, and economists surveyed around the outcome of the election, and their outlook for the economy. A majority also expected the USMCA to be ratified within a year. The results therefore highlighted the elevated risks to these investors’ portfolios should their consensus prove to be wrong. John Floyd, Record’s Director of Research and Strategy, describes how Record had been preparing its clients.

 

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