Q: I've noticed very divergent opinions on the future of the Canadian dollar versus other currencies. My own opinion is it's headed down but, as you know, these things are difficult to predict especially when unknown political decisions can suddenly change things. Do you have opinions in this area? How do you anticipate the Canadian dollar will perform versus the US dollar, the Euro, the Pound, etc? Do you make recommendations regarding the amount of foreign exposure in investment portfolios based on forex implications. If so, where (US, European, emerging markets, etc.) and what percentage?
Feel free to choose your own time periods if you feel able to answer this.
Feel free to choose your own time periods if you feel able to answer this.