Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Canada’s yield curve

[Torontojay]

Is still inverted but probably not for very long. This is telling me that things are about to get worse in Canada when we get a normalization of the yield curve. As the US enters a recession, Canada is going to get another round of a beating when American companies cut back on Canadian made goods. Canada's gdp is going to get hit by a massive reduction in foreign students who have now opted to turn their backs on Canada as well as the recruitment agencies that scammed them. 

With unemployment about to reach 8% in the near future, and a reduction in future immigration  I expect gdp to enter negative territory in the near future. That is of course that the Bank of Canada don't fudge their numbers :)