Canadian Personal Finance Blog

There is a great deal more foreign investment coming into Canada, thanks to the Canadian dollar being a little weaker against the Euro, however, thanks to the strength of the Canadian economy, there is more Canadian investment abroad as well!

Foreign investment in Canada is up 10% from 2005-06, but Canadian investment abroad in the same time period is up 13.8% as well! Signs of a vibrant investment community is a good thing. Will Canada be an up and coming economic power with the “decline” of the American Economic Empire? Interesting question.

As for this mornings commentary on Cisco, I should offer the company a deal NOT to talk about there stock on my blog, since I seem to have an ability to “jinx” any stock even those with relatively good numbers. If you haven’t seen Cisco is down $1.68 today, but they also did announce that they didn’t think sales were going to be that good this year either. Just goes to show, you should never base an investment on the statement of one expert dolt like me!