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THE JOHNSON, JOHNSTON AND MACRAE INVESTMENT GROUP

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Address 366 King Street East Suite 500 Kingston ON, K7K 6Y3
Telephone Number (613) 531-5520
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The JJM Investment Group

March 10, 2022

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Do we still oil up the Canadian Dollar?

Is the Canadian dollar still a petrocurrency, whose fate is steered by the price of oil? In this article, chief economist Avery Shenfeld examines the reasons why the relationship between higher oil prices and the CDN dollar is weakening.

 

To read the study, click here.

 

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CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.