3 Reasons for Optimism Found in Canada’s ETF

February 8th at 1:00am by Tom Lydon

110_F_887188_IjphDjk7V9O3QRbyz0kGvIxpLMW3Q5Canada’s exchange traded fund (ETF) is looking better. Indicators are on the rebound, the economy is growing again and consumer spending is forecast to continue making strides this year.

Economists are optimistic about the recovery in Canada, for good reason:

  • Jay Bryan for The Gazette says that consumer spending has improved and should translate into about $2.7 billion over the coming year. The improvement is the result of improving personal finances in the form of job growth, household cash flow and low interest rates.

For more stories about Canada, visit our Canada category.

  • iShares MSCI Canada (NYSEArca: EWC)

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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