The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content


(JONATHAN HAYWARD/THE CANADIAN PRESS)

SEAN SILCOFF

A bet against Canada is not so far-fetched

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

Our Saturday story about hedge fund manager Vijai Mohan’s bet against Canada generated an intense and sharply divided response from readers: He’s either absolutely right in predicting a sharp drop for the value of the loonie and Canadian banks, or foolish to doubt their staying power. My own view is the currency prediction is likely correct. The bank short is a riskier call, but that doesn’t mean it won’t work.