Hey, it's stopped raining!! How about that...
Before going into full celebration mode to kick off summer, and it's back-to-back
National Holidays (which we have certainly earned this year), one might do well
to look at this little... situation:
Checking in on the Canadian dollar, this morning: it is not a pretty sight. Scratching
the bottom of the barrel at .70. With vacations coming up, as well.
I have no doubt there is a very good reason for this, what with oil tumbling in the last few
days. And then the USA all but threatening to shut down the free trade agreement. Makes
perfect sense. And guess what; I don't care. It is bad news at a bad time. What are we going to do
about it!!??
The exchange rate is always the last considered when Canada pulls itself out of economic
difficulties. This should not be. It is what hurts the most.
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