Thomas Caldwell, Chairman of Caldwell Investment Management Ltd., was interviewed by Roy Green for his radio broadcast on July 11th, 2020.
In this 7 minute interview, Mr. Caldwell discusses:
- Assessment of the impact of the $343 billion deficit and a $1 trillion national debt on Canada's immediate and longer term fiscal well-being.
- With this information, combined with the recent downgrading of Canada's credit rating by Fitch in the U.S. what this means to Canada's borrowing options and how much more borrowing will cost Canada.
- How will international investors view Canada?
- Suggestions on what the federal government might undertake to manage the economy and the pandemic going forward? Must our Western Canadian energy sector receive immediate and increased federal government support?