her_I
Jul 05, 2015Explorer
Shrinking Canadian dollar
Wondering how the state of the Canadian dollar will effect other Canadians travel plans. It has made our site rental jump from $3,200 American to a payment of $4,022.60 Canadian. ouch!
John&Joey wrote:This comes hand in hand with selling off our natural resources such as mining interest to Brazil and Nordic countries, oil interest to China, Quebec hydro power generation to America, forest harvesting to foreign interests, etc.
I think it might be wise to not have the loonie so closely linked to the price of a barrel of oil. Maybe a more diverse foundation would be a good thing. Just a few years ago you would have laughed at this, but not so much now.