Reports Michael J.W. Stickings at The Reaction:
More here. And here on the dollar falling to a new low against the Euro.
"[This promises] to boost the energy and import sectors and give consumers cheaper vacations but spelling more trouble for
's industrial heartland. Canada
"The loonie, which has been gaining on its American counterpart since bottoming out below 62 cents in early 2002, has recently been on a spectacular run, up from 95 cents at the start of September and from under 90 cents last spring." . . . The last time the dollar was at par with the greenback was
Nov. 25, 1976, when Pierre Trudeau was prime minister and René Lévesque had just become premier of . That high point for the currency signaled the beginning of a long slide for the loonie, as national unity concerns and mounting worries about Canada's worsening government finances over the next decade or so scared away foreign buyers of the currency." Quebec