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Canada’s $21B Current Account Deficit: What It Means for the Dollar, Rates & Your Money
#CanadaEconomy #CanadianDollar #BankOfCanada #Investing #Recession
Canada just hit a record $21.16 billion current account deficit in Q2 2025 — the largest in history. Exports to the U.S. are collapsing, capital is leaving the country, and the Bank of Canada may be forced to cut rates as the loonie weakens.
In this video, I break down:
What a current account deficit really means (in plain English)
Why Canadian exports are crashing and investors are fleeing
How this impacts the Canadian dollar, inflation, and your investments
What rate cuts from the Bank of Canada could mean for the economy
📌 Plus, I’ll share practical insights on what investors should do now — and how to protect your portfolio in this uncertain environment.
If you care about your money and Canada’s future — don’t miss this one.
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