iso_55 Posted January 9, 2015 Report Share Posted January 9, 2015 I'm no economist but to me, the Canadian way of always wanting a weak dollar to help with exports... Why can't we become competitive with the US & quit leaning on subsidies & monetary policies from the feds to be competitive in the export markets? Needing a cheaper dollar to compete tells me we're not competitive & need to become so in the 21st century. we were promised that free trade would make Canadians more wealthy & make our country an even bigger player on the economic world stage back in the late 80's when Mulroney was doing his NAFTA selling bit to the Canadian people. Didn't turn out that way. Link to comment Share on other sites More sharing options...
FrostyWinnipeg Posted January 9, 2015 Report Share Posted January 9, 2015 Bombers continue to buy lottery tickets. Kind of a no-surprise article. Link to comment Share on other sites More sharing options...
Tracker Posted January 9, 2015 Report Share Posted January 9, 2015 Canada's economy is struggling at the moment, but it does not have the structural weaknesses that the US dollar does, so a 70 cent Canuck buck is not likely. The US economy has deteriorated to the point where almost 50 cents of each dollar spent is borrowed. That, plus military spending and dramatic deterioration of much infrastructure means very bad news for the US dollar. Link to comment Share on other sites More sharing options...
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