Is a Droopy Dollar the Sign of Greater Economic Recovery?
Peter Hall
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Posted 05.23.2013
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Canada
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A decade ago, predictions that the Canadian currency would rise to 75 cents US seemed outlandish. No one foresaw the 8 to 9 per cent annual appreciations that blew past the 'wackiest' forecasts and for a time took the loonie well north of parity. We bounced back.
