Canada Investors Didn't Get Memo About Weak Global Growth

In 2016, Canadian markets showed resilience despite global economic challenges, benefiting from oil and gold rebounds. Low interest rates pushed investors towards equities, boosting the TSX and M&A activities. Canadian companies sought growth abroad, exemplified by Enbridge's merger with Spectra. Economic performance was uneven, with strong GDP in Q1 and weaker Q2 due to Alberta wildfires. Debt markets saw increased borrowing by banks and governments, driven by a search for yield.

What factors contributed to the rebound in Canadian markets in 2016?

• Increase in government spending

• Decrease in global trade

• Rebound in oil and gold prices

• High interest rates and strong currency

Which major merger involved a Canadian company seeking growth abroad in 2016?

• Rogers merging with Bell

• Enbridge acquiring Spectra

• Suncor buying ExxonMobil

• TD Bank acquiring HSBC

What was a significant challenge for the Canadian economy in the first half of 2016?

• Rising unemployment

• Trade disputes with the US

• Alberta wildfires

• High inflation rates

Why was there a high demand for corporate debt in Canada during the third quarter?

• Government incentives

• High interest rates

• Strong economic growth

• Low interest rates and search for yield

What was a notable trend in Canadian government borrowing in 2016?

• Focus on short-term debt

• Decrease in borrowing

• Shift to Eurobond market

• Record year for sub-sovereign borrowing