• Economy Sherry Cooper
    2,669 words
    Thomas Dalzell: What are the main factors underlying the weak Canadian dollar vs U. S. dollar. I am thinking not only of the last three points of drop, but the plummet from parity with the U. S. dollar. Sherry Cooper: The Canadian dollar has been in long-term decline since 1975 for many reasons. Most fundamentally, our economy has dramatically underperformed the U. S. since that time. Productivity growth, in particular, has been quite disappointing. More recently, the flow of capital has been ...