Moving back to Canada from London
Aug 14th 2017, 12:35 am
#16
Yo
Joined: Nov 2012
Location: UK
Posts: 24,474
Re: Moving back to Canada from London
I was going to say.
The pound really tanked in 2009 and had a brief rally in the months prior to Brexit. Brexit then tanked it again.
I always thought we'd see it return to 2 to 1 for the longer term but I don't think so now. The price of Oil is more likely to increase than Brexit being any success.
Canada has a petrocurrency.
Britain faces an exodus of foreign investment because it is a small market- it will become to Europe what Canada is to the US- insignificant. At least Canada has some natural resources to drain.
If the OP sees their future in Canada I'd get on and move the money.
The pound really tanked in 2009 and had a brief rally in the months prior to Brexit. Brexit then tanked it again.
I always thought we'd see it return to 2 to 1 for the longer term but I don't think so now. The price of Oil is more likely to increase than Brexit being any success.
Canada has a petrocurrency.
Britain faces an exodus of foreign investment because it is a small market- it will become to Europe what Canada is to the US- insignificant. At least Canada has some natural resources to drain.
If the OP sees their future in Canada I'd get on and move the money.
Aug 14th 2017, 12:52 am
#17
.
Joined: Sep 2008
Posts: 20,185
Re: Moving back to Canada from London
I was going to say.
The pound really tanked in 2009 and had a brief rally in the months prior to Brexit. Brexit then tanked it again.
I always thought we'd see it return to 2 to 1 for the longer term but I don't think so now. The price of Oil is more likely to increase than Brexit being any success.
Canada has a petrocurrency.
Britain faces an exodus of foreign investment because it is a small market- it will become to Europe what Canada is to the US- insignificant. At least Canada has some natural resources to drain.
If the OP sees their future in Canada I'd get on and move the money.
The pound really tanked in 2009 and had a brief rally in the months prior to Brexit. Brexit then tanked it again.
I always thought we'd see it return to 2 to 1 for the longer term but I don't think so now. The price of Oil is more likely to increase than Brexit being any success.
Canada has a petrocurrency.
Britain faces an exodus of foreign investment because it is a small market- it will become to Europe what Canada is to the US- insignificant. At least Canada has some natural resources to drain.
If the OP sees their future in Canada I'd get on and move the money.
