A spotlight on Canadian Fixed Income

The Bank of Canada’s policy stance toward tightening is overly aggressive, especially since the balancing act the central bank needs to perform is arguably more delicate. It must take into account the high level of consumer leverage and long-standing concerns over the country’s residential real estate market. An appreciating Canadian dollar—which we expect will happen on a structural basis— might provide an attractive return profile for both Canadian sovereign debt and credit, learn more.