The Loonie Hour

Is Europe's sovereign debt bubble finally bursting, and could Canada be heading down the same economic path? Today, we're joined by economist and fund manager Daniel Lacalle to discuss the growing risks in global sovereign debt markets, Europe's economic stagnation, the consequences of central bank policies, and the striking similarities between Europe's economic challenges and Canada's. We also explore EU-Canada trade relations, energy policy, and the political shifts unfolding across Europe. Is the so-called "Everything Bubble" finally beginning to burst?Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction06:38 BC's $1 Million-a-Day Tunnel Controversy08:56 US Elections & This Week's Topics11:23 Daniel Lacalle Joins the Show11:43 The Everything Bubble Is Bursting14:36 Europe's Sovereign Debt Crisis16:58 Is the ECB Making a Massive Mistake?20:37 Spain's Housing Affordability Crisis26:49 Can Europe Grow Out of Its Debt Problem?30:16 Europe's Economic Policy Failures30:48 Canada and the European Union32:23 Bureaucracy & Barriers to Trade35:11 Europe's Hidden Trade Barriers40:50 Carbon Border Taxes & Energy Costs43:00 Political Change Across Europe46:49 Canada's Similarities to Europe49:21 Poland, France & Political Unrest53:32 Immigration, Wages & Government Dependency56:39 Is There Hope for Europe's Future?58:16 Europe's Russian Energy Contradiction01:03:09 EU's Economic Outlook & Canada's Opportunities01:05:03 US Election Results & Energy Policy01:09:02 AI, Cybersecurity & Global Risks01:12:14 Bank of Canada & GDP Data01:15:51 Are Government Bonds Attractive Again?01:18:56 Canada's Upcoming BudgetDisclaimer: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.#LoonieHour #macroeconomics #europe

Is the AI boom turning into the next financial bubble? Today, we're joined by financial analyst Chris Whalen to discuss the massive spending behind artificial intelligence, the risks facing financial markets, and the growing disconnect between the Federal Reserve and the bond market. We also explore private credit, government debt, Canada's changing political landscape, and the Bank of Canada's latest interest rate decision as affordability pressures continue to weigh on the economy.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Intro03:29 Introducing Chris Whalen04:44 Is AI Becoming a Financial Bubble?08:22 The Risks of AI Vendor Financing12:12 The Global AI Arms Race15:42 Data Centers and the Infrastructure Problem20:31 The Federal Reserve and Kevin Warsh23:51 Bank Reserves and Market Liquidity27:35 Is Monetary Policy Losing Its Effectiveness?31:51 The Bond Market and Government Debt34:10 Household Credit and Private Credit Risks36:33 Trouble in Private Equity40:11 Could the Fed Return to Quantitative Easing?42:01 Final Thoughts from Chris Whalen43:06 Canada's Political Shake-Up46:08 What Political Change Could Mean for BC49:03 Investment and Economic Policy52:16 The Bank of Canada's Rate Decision55:15 Inflation and the Cost of Living59:41 The Bank of Canada's Economic Outlook01:02:28 Inflation Forecasts for 202701:06:20 Canada's Federal Budget and Deficit01:10:49 The Problem with Net Debt01:13:39 Canada's Federal and Provincial DebtDisclaimer: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.#LoonieHour #macroeconomics #federalreserve

Today, we'll unpack Canada's growing economic challenges. From Alberta's surprising fiscal surplus and Toronto's struggling condo market to renewed immigration debates and Canada's uncertain trade relationship with the United States, we'll examine the policies shaping the country's trajectory. We'll also discuss Europe's political and fiscal instability and what it could mean for global markets, including a plan for Canada to pursue an "associate-member" status with the European Union.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction04:40 Alberta's Referendum Results07:01 Alberta's Policy and Immigration Demands11:35 Alberta's Economic Challenges13:08 Oil Royalties and Alberta's Fiscal Surplus15:29 Toronto's Condo Market Crisis19:02 Government Incentives for Condo Developers24:02 Distressed Condos and Market Opportunities27:06 Foreign Buyers and Immigration Policy29:18 Canada's Immigration Policy Debate33:40 Immigration's Impact on Wages and Housing36:15 Immigration and Economic Consequences40:14 Bank of Canada Warnings on Immigration44:30 Canada–U.S. Trade Negotiations47:44 Canada's Proposed EU Trade Alignment49:13 Europe's Growing Political Instability50:40 France's Fiscal Crisis55:59 European Politics and Economic Unrest01:00:24 Economic Inequality and Public Frustration01:03:10 Canada's U.S. Treasury HoldingsDisclaimer: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.#LoonieHour #macroeconomics #canada

Today, we're joined by Fraser Matthews, CEO of Netcoins, to discuss the rise of stablecoins, their impact on the banking system, and the future of digital payments. Are stablecoins an existential threat to traditional banks or the railways and bridges connecting traditional finance and the on-chain economy? We also tackle Canada's struggling housing market, stubborn inflation, rising bond yields, and the growing risks facing financial markets.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction04:02 Canada's Housing Market Outlook11:49 Introducing the Future of Finance12:48 Fraser Matthews Joins The Show20:44 Stablecoin Regulation and Adoption21:44 What Are Stablecoins?23:13 Why Stablecoins Matter24:53 Are Stablecoins a Threat to Banks?29:57 Stablecoins and US Treasury Demand32:58 Crypto and Money Laundering Concerns44:13 The Battle for Bank Deposits47:13 The Future of Stablecoins52:41 Canadian Stablecoin Developments55:30 Tokenized Stocks and Financial Markets56:49 AI Agents and Programmable Money01:04:10 The Growing Threat to Commercial Banks01:06:50 Inflation Surprises to the Upside01:09:21 Bond Market Risks01:11:11 Could Bonds Stage a Rally?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.#LoonieHour #macroeconomics #crypto

British Columbia is facing a record $13.8 billion budget deficit, mounting tax pressures, and a struggling housing market. With the October 24 election approaching, we sit down with B.C. Conservative Leader Lorne Doerkson to discuss the province's fiscal challenges, the NDP's tax policies, housing affordability, stalled development, the rampant crime and drug use, and the future of investment in British Columbia. We also examine the political shakeup in Quebec, rising global bond yields, mounting concerns over government debt, and the Canadian dollar's weakness against the U.S. dollar. Could higher long-term interest rates put even more pressure on Canada's economy and housing market?Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!Get Your Tickets Here:Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction07:17 British Columbia's Political and Economic Outlook13:29 Lorne Doerkson Joins The Show22:48 B.C.'s Record Deficit and Tax Policies24:49 Infrastructure Spending and Government Priorities26:37 Unsold Condos and B.C.'s Housing Crisis30:39 Construction Costs and Housing Affordability35:07 Natural Resources and Investment in B.C.40:46 Crime, Drugs, and Public Safety47:10 B.C. Election Takeaways48:30 Quebec's Political Shakeup53:10 Population Growth and Immigration54:58 The Loonie Hour Live Events57:10 Global Bond Yields Continue to Rise01:03:41 Government Debt and Rising Borrowing Costs01:07:37 Canadian Dollar Under Pressure01:14:02 Market Volatility and Investor Positioning01:18:12 Closing RemarksDisclaimer: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.#LoonieHour #macroeconomics #britishcolumbia

Bond markets are deteriorating rapidly as yields rise and credit spreads begin to widen across the U.S., Canada, Europe, and Japan. We discuss what tightening financial conditions could mean for housing, equities, the broader economy, as well as the possibility that a short-term recovery in bonds could ultimately prove to be a bear trap. Meanwhile, B.C.’s condo market continues to struggle with thousands of completed and unsold units as developers face mounting pressure. We also discuss Canada’s debt maturity schedule, Saskatchewan's push toward nuclear power, taxes and talent retention, and the renewed debate over immigration and temporary foreign workers.Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!Get Your Tickets Here:Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction04:28 Loonie Hour Investor Series07:26 B.C. Election & David Eby’s Condo Tax10:40 Taxing Unsold New Condos12:31 B.C.’s Growing Condo Inventory14:39 Developers Cutting Prices & Raising Commissions16:19 Why Developers Can’t Simply Slash Prices18:02 Bond Stress Meets the Housing Market19:49 Loonie Hour Investor Series21:39 The Global Bond Selloff23:08 High-Yield Credit Spreads Are Moving26:12 Is a Bond Market Recovery a Bear Trap?27:52 Tightening Financial Conditions30:42 Bond Market Warning Signals33:55 U.S. Economy Complicates the Rate Outlook36:59 Canada’s Coming Debt Maturity Wall38:29 Canada Reshapes Its Debt Profile40:17 Why U.S. and Canadian Bond Yields Differ45:22 Canada Still Doesn’t Have a Budget46:58 Saskatchewan Pushes Nuclear Power50:04 Canada’s Changing Energy Policy51:25 High Taxes & Canadian NHL Teams53:45 Canada’s Talent Retention Problem54:25 Property Tax Freeze for Seniors56:00 Generational Inequality in Canada56:22 Canada’s Immigration Debate Returns01:01:18 Ottawa & Montreal EventsDisclaimer: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.#LoonieHour #macroeconomics #bondmarket

Today, we'll break down the renewed surge in global bond yields and what it could mean for interest rates, mortgages, housing, and the broader economy. Long-term yields are climbing across central banks globally, putting renewered pressure on borrowing costs just as households and businesses faces further challenges. We also discuss Canada's slowing population growth and rental market, mounting stress in US housing and multifamily real estate, weakness beneath the surface of the US consumer, and why companies like McDonald's are warning that sticky, elevated food inflation and flat customer traffic are the "new normal".Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!Get Your Tickets Here:Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck Out True North Mortgage's 40-Year Amortization Plan:Visit https://www.truenorthmortgage.ca/ today!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction07:09 BC Election & Canadian Politics18:18 Canada’s Population Growth Slows24:44 Canada’s Rental Market & Long-Term Interest Rates25:05 Global Bond Yields Surge29:34 Bond Market & Mortgage Rates35:09 Canadian Mortgage Rates Move Higher36:23 US Housing Market Problems37:17 US Multifamily Debt Crisis40:20 Loonie Hour Investor Series43:31 Bank of Canada Rate Hikes49:11 Mortgage Renewals & Higher Rates51:05 Energy Prices Are Getting Worse53:59 US Diesel Export Ban58:06 Stock Market Warning Signs01:01:00 McDonald’s, Inflation & Consumer Weakness01:03:14 US Consumer Confidence Plunges01:06:03 The Big Mac Index & InflationDisclaimer: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.#LoonieHour #macroeconomics #inflation

Central banks are turning increasingly hawkish as an escalating global energy crisis keeps inflation under pressure. We'll break down why policymakers are committing to higher interest rates even as the underlying inflation problem is increasingly driven by energy supply. They discuss the latest moves from the Fed and European central banks, rising global bond yields, surging oil and fuel costs, and what it could mean for Canadian mortgage rates. Meanwhile, Canada’s housing market remains frozen, with national home sales falling to their lowest year-to-date level since 2003.Join Us For The Loonie Hour Investor Series - With Ben Rabidoux, Live In Ottawa on October 13th!Get Your Tickets Here:https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck Out True North Mortgage's 40-Year Amortization Plan:Visit https://www.truenorthmortgage.ca/ today!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction06:52 Canada Housing Hits a 23-Year Low09:34 Housing Inventory & Cancelled Listings11:11 Housing Starts Keep Falling13:18 What Happened to the 500,000 Homes?14:03 Should Canada Keep the Foreign Buyer Ban?18:38 Canada’s Massive Investment Push20:16 Canada Cuts Investment Taxes22:55 Breaking Down the $500B Investment Commitment24:53 Where Are the Foreign Investors?27:13 Canada’s Biggest New Investment Projects30:27 Did Trump Force Canada to Change Course?34:24 Canada Embraces Energy Again38:04 Why Investment Will Take Years to Materialize42:26 Central Banks Turn Hawkish46:22 Could the Bank of Canada Raise Rates?48:02 Higher Rates Won’t Fix Energy Inflation51:00 Global Bond Markets Under Pressure56:12 The Global Energy Crisis Deepens58:43 The World Is Running Out of Energy Capacity01:01:07 Oil Tanker Costs Explode01:02:19 Canadian Mortgage Rates Under Pressure01:05:06 Mortgage Arrears Hit a Decade High01:06:18 Canada & the European Union01:09:49 Canada Already Has an EU Trade Deal01:11:03 Europe’s Sovereign Debt Risks01:12:28 Would Canadians Actually Move to Europe?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.#LoonieHour #macroeconomics #centralbank

Ben Rabidoux joins the show to break down the latest housing data, rising mortgage rates, record mortgage renewals, the ongoing shifting in economic alliances, and why delinquencies could continue climbing through 2027 and beyond. We also discuss the escalating Canada–U.S. trade dispute, inflation risks, rising global bond yields, weakness across several provincial housing markets, and how Canada’s booming energy sector might be helping keep government finances and mortgage rates under control.Join Us For The Loonie Hour Investor Series - With Ben Rabidoux, Live In Ottawa on October 13th!Get Your Tickets Here:https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSubscribe to Ben Rabidoux's Edge Analytics and Save $10/month forever!https://www.edgeanalytics.ca/lh39Check Out True North Mortgage's 40-Year Amortization Plan:Visit https://www.truenorthmortgage.ca/ today!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction08:12 Is Canada’s Housing Market Bottoming?11:27 Mortgage Rates Are Moving Higher16:05 When Will Bonds Become Attractive Again?18:19 Bank of Canada Rate Hikes Are Coming20:04 Inflation Expectations Matter23:35 Europe Is Raising Rates Again25:22 The Next Wave of Inflation30:02 Canada’s Regional Housing Markets31:40 Canada’s Rental Market Will Stay Weak32:54 Canada-U.S. Trade War Escalates35:01 Mortgage Delinquencies Hit Record Highs37:16 The Mortgage Renewal Wave Is Here40:16 Canada’s Economy Faces More Pressure41:44 The Risk To Canadian Banks44:58 Canada’s Money Laundering Problem49:40 How Iranian Capital Can Enter Canada53:09 Good News For Canada53:31 Foreign Investors Are Buying Canadian Bonds54:28 Oil & Gas Is Helping Balance Canada’s Budget56:08 Is Canada Becoming More Pro-Energy?58:35 Canada’s Politically Charged Environment01:02:38 Bank of Canada Rate PredictionsDisclaimer: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.#LoonieHour #macroeconomics #bondmarket

Global bond markets are flashing warning signs as long-term yields surge across Japan, the UK, France, and other major economies, raising new concerns about government debt, inflation, and financial stability. Meanwhile, Canada’s housing market remains under pressure, Vancouver records its slowest August sales since 2012, and rising energy prices could complicate the outlook for inflation and interest rates within the country.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction05:14 Vancouver Housing Sales Hit 2012 Lows09:48 Builders Get Aggressive on Prices14:56 Rent Controls & Canada’s Housing Supply22:46 Why Rent Controls Don’t Work27:50 Bank of Canada & Interest Rates30:36 Central Banks Talk Tough on Inflation38:01 Global Bond Yields Are Surging41:39 Is a Sovereign Debt Crisis Coming?43:15 The Ultimate Bond Market Bear Trap45:38 Canada’s GDP Gets Revised Higher47:55 Could the Bank of Canada Raise Rates?51:15 The Overlooked Energy Trade52:55 Russia-Ukraine Energy Infrastructure Attacks56:32 Global Oil & Natural Gas Supply Tightens59:38 The Bull Case for Commodities01:01:50 Energy Prices Are Spiking01:04:36 The Opportunity in Higher Oil PricesDisclaimer: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.#LoonieHour #macroeconomics #bondmarket