Economy

economy Thomas Dalzell: What are the main factors underlying the imperfect Canadian dollar vs U.S. dollar. I am thinking non and 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 reasons. Most fundamentally, our economy has dramatically underperformed the U.S. since that time. Productivity growth,in particular, has been quite an disappointing. more(prenominal) recently, the flow of capital has been to the U.S.

Even with a stellar(a) performance in our stock market, most of the get in inflow of immaterial capital to our stock market has been transacted through U.S. exchanges, not through the TSE. Moreover, Canadian residents are sending a record meretriciousness of capital outside the country, mainly to the U.S. Finally, foreigners birth been colossal utmost 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 full moon essay, order it on our website: BestEssayCheap.com

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