Commodity prices are all down, right? Wrong!
Commodity prices have scored high on the economic shock-talk scale in the past decade. Although prices a...
For now, the Canadian economy appears reasonably well-positioned for the coming year. While growth will not be spectacular, the economy is still expected to continue expanding and this should be supportive of the Canadian dollar.
A weaker currency makes Canadian products more affordable for U.S. consumers. This factor alone may not be enough to offset demand-driven losses, but it could soften the blow.
THE CANADIAN PRESS -- TORONTO - The Canadian dollar closed sharply higher Thursday amid rising commodity prices and positive employment news from the ...