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To: rubbersoul who wrote (16608)	10/20/2004 2:20:21 PM
From: tyc:>	Respond to of 312313

>>But since the US is Canada's main trading partner don't you think the loonie is bound to fall along with the US$? Not at all. Isn't the US dollar falling because of trade and budget deficits ? These are US phenomena not shared in Canada. I do agree that we are trading partners and we live in a global village. That is why I cannot understand what makes Canadian businesses worth more than US businesses when it is US businesses that enjoy the benefits of a lower currency.