Dean: Canada at the Epicenter of Our Concern

The video discusses concerns about Canada's economy, focusing on GDP numbers and the impact of a commodity downturn. It highlights the challenges faced during the downturn, such as low oil and gas prices, and the high consumer debt levels in Canada. The speaker explains their investment strategy, noting a significant reduction in Canadian consumer exposure due to these economic conditions.

What is the main concern discussed in the first section regarding the upcoming economic data?

• The effect of GDP numbers on inflation

• Potential economic challenges in Canada

• The impact of GDP numbers on global markets

• The role of GDP numbers in fiscal policy

Why is Canada considered a major concern in the second section?

• Due to its high inflation rates

• Because of its booming tech industry

• Owing to its strong currency

• Because of the recent commodity downturn

What were the prices of oil and gas in Canada during the commodity downturn?

• $75 oil and $1.5 gas

• $50 oil and $2 gas

• $100 oil and $3 gas

• $26 oil and sub $1 gas

What is highlighted about Canadian consumer debt in the final section?

• It is comparable to European levels

• It is decreasing steadily

• It is the highest it has ever been

• It is lower than the US at its peak

What decision was made regarding Canadian consumer exposure?

• To focus on new consumer opportunities

• To exit the market due to high debt metrics

• To maintain the current level of exposure

• To increase investments significantly