MoHasanie on 05 July 2015
ReimTime said:
From what I understand the CAD will be worth less USD because the USD will go up? There were some Canadian politicians who actually wanted to lower the Canadian Dollar anyway to make our exporters appear more attractive. Prices for us will go up though |
PS4 at $700 confirmed It won't ever get that bad. The Bank of Canada will probably just raise interest rates and lower the supply of money if the CAD value falls too much. But most of the time, a lower CAD is good for the economy. More of our exports are sold and Canadians are forced to spend more.
NNID: FrequentFlyer54
