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To: Elizabeth Andrews who wrote (1235)1/17/2002 6:50:48 PM
From: tyc:>  Respond to of 39344
 
>>What's with the C$?

The answer to that question lies south of the border. I think there it is called a "strong dollar" policy. I don't think it is possible to have a strong Yanqui dollar without having weak foreign currency, is it ?

And if cheap currency causes a competitive advantage you can always levy tariffs to nullify the advantage ( as in Canadian lumber).



To: Elizabeth Andrews who wrote (1235)1/17/2002 9:08:16 PM
From: kirby49  Read Replies (1) | Respond to of 39344
 
Well, except for the rich their way too high<LOL>. But I think that's another story and not today's reason for the drop. It's just acting in sympatico with the increase in the US$. I/ve been out most of today and haven't paid attention for a few days how much money Easy Al has printed, but it could be that the Bank of Canada's presses are something like our Sea King helicopters and just can't keep up with them.


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