Quote:
Originally posted by Paraskass
I stopped converting it at 1.20-1.25
Keep it in your US account if you can.
Canada cannot let it's dollar keep getting stronger.
A strong canadian dollar will destroy OUR economy.
85% of what we produce is exported, and NOBODY is going to buy it if it's expensive. They'll start buying from cheaper countries.
Nothing has been done yet, but companies are already loosing contracts and laying people off.
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Pretty much exactly right. It's really killing the BC Forest Industry.