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This Nominee Could Be Good for Canada (U.S. Treasury Secretary) [Video]

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This Nominee Could Be Good for Canada (U.S. Treasury Secretary)

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In this episode, U.S. markets are up as President-elect Trump names Scott Bessent as Treasury secretary. Investors are optimistic about Bessent’s pro-business background and potential to moderate trade policies. We explore his vision and what it might mean for the economy, from tax cuts to GDP growth.

Also in this episode:

🌽 U.S. deportations could raise Canadian grocery costs as labor shortages threaten farm output and prices.

🚂 CN Rail workers vote overwhelmingly to strike, with negotiations set to resume as deadlines loom.

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Beavis Wealth Disclaimer:

The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

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BMO Disclaimer:

This content is sponsored by BMO Exchange Traded Funds.

This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

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BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

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