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The 'man who shorted Canada' sees loonie diving to 70 cents Add to ...

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Remember Vijai Mohan? The Globe and Mail introduced him to readers last April as the man who’s selling Canada short, a San Francisco hedge fund manager who made a heavy bet against the Canadian economy, predicting the loonie’s value would tumble and that Canadian bank shares would fall.

Fast forward nine months to the present: The loonie is definitely swooning, but so far, Canadian bank stocks have been holding up reasonably well. With the onset of a selloff in emerging markets – possibly a harbinger of worse to come – we contacted Mr. Mohan to find out how his positions and views have evolved.

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