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Stingy Investor Tip Sheet

The Loonie Boom and Bust

Want a challenge? Try to run an export business when the exchange rate changes quickly. Canuck manufacturing has been pummelled by the strong Canadian dollar over the last few years. Now that the Loonie is in decline, the friendly Yanks to the south are basically broke. They're just not in a buying mood. But that'll change, eventually, and we might have fun exporting something other than oil once again.

Recent history of Canadian and U.S. exchange rates


10/22/2008   4:00 PM EST   Permlink   save & shareMarkets



 
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