Quote:
Originally Posted by Evil Chris
I think it's a bit of both, but the loonie is certainly dropping as of late.
It's a good thing, and also a bad thing. While we like it to drop (those of us paid in US funds), we don't want it to drop too much or too fast since it can really disrupt the economy.
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The US touristas and Euros will come back to Canada though.. so tourism will definitely increase, manufacturing now has 25% better pricing making it more attractive to US buyers.
The millionaires of 2012 will all talk about how they started their business in 08/09 during the economic storm.