Re: Canadian Election
Originally Posted by
PenguinHunter
IWhere’s our Canadian dollar at? I think if our economy was humming our dollar would be a lot better than where it was. Especially when we were par with the US dollar not that many years ago
I'm not sure how relevant the value of our dollar necessarily is in terms of our economy. Strong dollar hurts exports, helps imports, hurts some businesses and industries and helps others. When we were on par with the American dollar, that also wasn't necessarily because the Canadian economy was doing historically well, it was in large part by comparison to the US who were not doing well at that time, as well as high oil prices. Those aren't really things a Canadian PM has a lot of control over and not something anyone you vote for can make happen.
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