SeeTheLight

Canadian Dollar Rattled by Shanghai Meltdown, Interventionist Talk

With Shanghai tanking, its only a matter of time before the TSX catches on. I've sold most of my longs in anticipation of a pullback. Commodities may provide some cushioning for the Canadian economy but it will be very volatile trade with the Loonie moving rapidly in response.

Still, I do agree with most of the posters, that Canada is better positioned relative to the US when the eventual recovery occurs.