Sunday, September 23, 2007

Canadian dollar heading for US$1.05, Mersch says

Fundamentally this country is head and shoulders above the United States on an economic basis."After Frank Mersch left Altamira and became a co-owner of hedge fund firm Front Street Capital, his public appearances and statements to the media became relatively rare. On Tuesday night, Mersch gave an hour-long off-the-cuff talk at Toronto's Granite Club at a dinner sponsored by DOT Integrated Financial.

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