Brexit Shatters Hopes for Canada Interest-Rate Normalcy

The video discusses the current state of interest rates in Canada, highlighting the impact of Brexit on bond yields and the potential for the Bank of Canada to adjust interest rates. It also explores trade concerns related to Brexit and the US election, emphasizing the importance of trade for Canada.

What was the general trend observed in Canadian government bonds after the Brexit vote?

• Yields plummeted.

• Yields remained stable.

• Yields were unaffected.

• Yields increased significantly.

What was the market's consensus regarding the Bank of Canada's actions for the year?

• The Bank of Canada would raise interest rates.

• The Bank of Canada would not take any action.

• The Bank of Canada would increase bond purchases.

• The Bank of Canada would cut interest rates.

By when was the possibility of the Bank of Canada raising interest rates pushed out?

• Third quarter of 2018

• First quarter of 2017

• Second quarter of 2018

• Fourth quarter of 2017

Which country is Canada's biggest trading partner?

• Germany

• United States

• China

• United Kingdom

What sentiment was observed in the US election that could affect Canada's trade outlook?

• Protectionist

• Pro-globalization

• Isolationist

• Pro-trade