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Canadian election results are not playing into the overall dynamic of the Loonie: Karl Schamotta

September 22, 2021

Karl Schamotta, Chief Market Strategist at Cambridge Global Payments, spoke to BNN Bloomberg about his outlook for the Loonie post-election noting he does not expect major changes from the political or domestic side of the situation. Schamotta talks on the deficit and how currency markets reward those who borrow for only a small time and how he sees the Canadian dollar impacted by recovery in global risk appetite.

Watch the video here.