Quote:
Originally Posted by DGthe3
Its more like a rising US dollar than a falling Canadian dollar. Their economy is getting stronger faster than ours is, thus their dollar goes up relative to ours.
Anyways, it needs to get to about $0.80 or so & hopefully the Americans will buy even more of our stuff. Whether its lumber from BC, oil from Alberta, or cars from Ontario, the net result is more jobs & more cash flow within our economy.
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True enough, as one rises, the other one falls, and it continues today. There are benefits each way, but as it falls, our exports will start to grow and benefit our economy. On the other hand, those of us buying U.S. goods will have to contend with the current situation.
Steve