Jeez. A couple of years ago our dollar was the darling of the G7/8 by being at par or more with the US Dollar with the present PM at the helm. Everyone but the manufacturers/exporters in ON & QC was happy. In order to try to keep them afloat, the new Bank of Canada Governor made sure that the Can Dollar would drop to try to increase our exports (sleazy way of doing it IMO). Well, with his speeches & policies, he started the ball rolling downhill & it hasn't stopped. Have our exports dramatically increased to cure our trade imbalances? I think not.
Furthermore, now our Dollar is tanking relative to the US Dollar (incredible to me as it is the most indebted regime on the planet) largely due to world wide crude being at dramatic low prices (OPEC & oversupply).
So now this is the PM's fault as well?? Come on guys...
TAM
