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Canadian Dollar now worth more than the American Dollar

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Don Rizzle:
actually canada is doing pretty well and the future is bright. oil prices are at record highs which make extracting canada's vast oil wealth economical (not as simple as sticking a straw in the sand of the arabian desert) and with global warming there gonna get plenty of prime farm land openned up to them plus this new shipping route through the artic.

In addition they are doing really well not to let the CAD rise too much against the USD because that would be bad to for their economy ie making their exports more expensive for their largest trading partner

virtuoso:

It's only good for manufacturing, if manufacturing is a prominent part of the canadian economy. If it is not, then the value of the currency is terrible for the country. Also a big rise in the price of oil will affect the masses and benefit the few. The price of oil is increasing because the dollar has less buying power.

Don Rizzle:
service is also an exportable commodity

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