Economy 52,889 Posted September 27, 2014 Share Posted September 27, 2014 They were just talking about this live on the largest Canadian National News (CBC news)... Due to a variety of different factors... The Canadian Dollar has strengthened relative to the Euro, Yen and recently even Chineese Yuan. ALL COUNTRIES CANADA IMPORTS WAY MORE THAN IT EXPORTS Most of Canadas trade Surplus is with its biggest trading partner the US where it exports way more than it imports. And THAT'S THE ONE CURRENCY IT HAS BEEN FALLING AGAINST!!!The economist was saying the odds of it happening so perfectly were slim. But the result is cheaper imports, but more competitive exports simultaneously... The perfect exchange rate alone has erradicated Canadas trade deficit! Link to post Share on other sites More sharing options...
Sebastien 16 Posted September 29, 2014 Share Posted September 29, 2014 Nobody commented.. But I was super interested by this so thank you Link to post Share on other sites More sharing options...
Economy 52,889 Posted September 30, 2014 Author Share Posted September 30, 2014 Nobody commented.. But I was super interested by this so thank you Shows how irrelevant Canada is... When i post news on the economy of the US, Europe or Japan i always get comments but Canada... :awkney: Link to post Share on other sites More sharing options...
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