Economy

economy Thomas Dalzell: What are the main factors underlying the take down Canadian dollar vs U.S. dollar. I am thinking non totally of the last three points of drop, but the plummet from affinity with the U.S. dollar. Sherry cooper: The Canadian dollar has been in long-term mitigate since 1975 for many a(prenominal) reasons. Most fundamentally, our economy has dramatically underperformed the U.S. since that time. Productivity growth,in particular, has been quite an disappointing. to a greater extent recently, the flow of capital has been to the U.S.

Even with a stellar(a) performance in our stock market, most of the g et in inflow of exotic capital to our stock market has been transacted finished U.S. exchanges, not through the TSE. Moreover, Canadian residents are sending a record flock of capital outside the country, mainly to the U.S. Finally, foreigners flip been colossal internet sellers of Canadian bonds this year--for the first time since 1955--because our interest grade have been consistently below the U.S.. Karen: What...If you want to get a broad(a) essay, order it on our website: BestEssayCheap.com

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