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Re: Moving back to Canada from London
Originally Posted by JamesM
(Post 12315411)
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. |
Re: Moving back to Canada from London
Originally Posted by JamesM
(Post 12315411)
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. |
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