Four ways Canadians can protect themselves from a worsening market situation

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ICYMI: Adding some inflation protection into your portfolio will help protect against a weak Canadian dollar. — via financialpost finance financialpost inflationprotection

Now there’s bitcoin, a cryptocurrency with tremendous volatility and zero convenience, both of which could change, but it really isn’t that attractive compared to the U.S. dollar so far.

For the longest time, the only time our dollar would get to par with the U.S. was during periods of rising oil prices, because our labour productivity and economic efficiency are much worse than those of our neighbour. A large part of the reason for the loonie’s woeful performance recently comes down to domestic policies targeting the restriction of North American energy infrastructure, which has essentially put a cap on growth of both U.S. shale and Canadian oilsands.Article content

Household mortgage debt increased by a whopping $182.4 billion last year, boosting residential mortgages to $1.93 trillion in December, according to Statistics Canada. As a result, the average Canadian now owes $1.77 for every dollar they make,

 

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financialpost As a media outlet, why continue to bury your head in the oil sands. The ClimateCrisis is real and we need to invest in GreenEnergy

financialpost I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent Julie_fx_trader who guided me and help me make a living through crypto with my coinbase app, I recommend you to meet her now and also be a beneficiary of her good work.

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