Mark Carney: 10 Years of Canadian Policy was Wrong (Policy Changes Are Coming)

Mark Carney just admitted the last decade of energy policy was a total bust and didn't fit economic reality, so we're breaking down his massive pivot on Canadian oil and gas. We also hit on the US-Iran deal being a temporary play for the midterms, the stock market ditching tech for safe-haven sectors, and the economic mess left behind after Canada, the US, and Mexico missed their big July 1st trade deadline.

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Timestamps:

00:00 Introduction

02:38 Why Nuclear Is Canada's Competitive Advantage

05:24 Canada's Push Toward New Nuclear Projects

09:26 Public Fear Versus Nuclear Reality

10:40 Europe's Heat Wave & Air Conditioning Debate

17:20 Climate Policies Versus Human Comfort

17:57 Mark Carney's Major Energy Announcement

20:09 The Political Cost of Energy Policies

25:14 Canada's Massive Economic Opportunity

31:53 Current Accounts, Trade, and National Wealth

34:29 Oil & Gas, and Economic Reality

36:20 What Happens to the Loonie

38:30 US Midterms Predicament

39:11 Geopolitical Outlook & Peace Deal

42:50 Understanding the Oil Crack Spread

44:37 Can Commodity Markets Be Manipulated?

48:54 What Happens If Bond Markets Collapse

55:27 The Cost of Long-Term Uncertainty

57:13 Brexit Parallels and Economic Lessons

59:27 Why None of This Is Positive

Disclaimer:

The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

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