Kevin O’Leary blasts ‘anti-American rhetoric’ from Canadian prime minister, says his party ‘wiped out’ loonie
From Yahoo Finance: 2025-04-04 06:29:00
Canadian Prime Minister Mark Carney is pushing back against President Donald Trump’s tariff threats with retaliatory trade measures. Investor Kevin O’Leary believes Carney’s tough stance is political theater ahead of Canada’s election. O’Leary criticizes the Liberal Party’s economic impact and the weakened Canadian dollar.
Canada’s election is on April 28. O’Leary predicts the tension will dissipate post-election as leaders negotiate a new North American trade agreement. Trade disputes can trigger geopolitical uncertainty, impacting markets negatively. Financial experts recommend strategies like investing in gold, real estate, or fine art to hedge against unpredictability and protect wealth.