The Canadian dollar is backed by nothing anymore, not gold, not the value of our resources. It's only faith in our government's ability to maintain the economy, faith that is certainly waning
Remember when certain media outlets had “experts” insisting that Canada had a petro-dollar? Doesn’t look like it. How’d that change? Or was it never one?
No, if CBC did their job they would report that Groper Trudeau’s policies have decreased the $C. But, CBC feels their main job is attack Pierre Poilievre
Justinflation
good for us
Obviously you're not on the British lb.🤕
And America will buy more from us because of it.
Yikes
I wouldn't invest in a Trudeau's Canada either :/
'Safety' of the usd lol
Justin Trudeau
Before Justin, high energy price means strong Canadian dollar. Climate changes that.
75 cents really isn't that bad.
Inflation is theft and Canadian inflation is made in Ottawa.🙄
The less our dollar is worth down south, the more it stays in OUR economy.
The Canadian dollar is trash thanks to JustinTrudeau $5,000CAD is barely $3,700USD 📉
I’m Canadian and I wouldn’t invest here ! The low Canadian dollar value is reflecting the leadership in Canada. Extreme socialism, taxation and crushing debt.
Also commence around the world is slowing down. FedEx announcement, exchanges are going down
Who cares...all speculation and manipulation by elite. Nothing to do with real value of a country
The US is in decline but yeah go ahead and grab them bucks.
It is JustinTrudeau I don’t care what you think, this lands squarely on him. In 2011 the loonie was over par. stephenharper was in power we had just come through the 2008 financial crisis, interest rates were low and life was good in Canada. Now we are in financial ruin.
JustinTrudeau cafreeland must be so proud running our economy into the ground.
TrudeauMustGo TrudeauDestroyingCanada
Thanks Turdope
what foreign company wants to invest in a place where there is no economic security, when the gov can freeze your accounts for views not in complete agreement, they see 'believe exactly what we believe...or else' not a very good look
'safety'
Makes our products more affordable to the world - always a silver lining
Historical average is around 1.30, nowadays it is 1.33, nothing to worry too much
Entertaining listening to the Liberals who think PP comments on bitcoin is worse than this Trudeau failure. Freeland who told us we would have deflation like Russia, not inflation we got. Entering a recession like Europe and the US. Qualified!
Hey Justin, see what you have done, seen the Russian Rouble lately? Qualified!
Not to bitcoin?
Anthony79462776 When a clown is in charge, the country becomes a circus. No wonder investment is running in the other direction.
Why invest in Canada when they just ship the money to foreign country aid anyhow....
All because of P.P.
As long as Trudeau keeps destroying our re$our¢e $ector and driving off trade in what we got to sell you can expect a low dollar.
Perhaps investors didn't like the choice for Conservative Leader? But the US dollar is always one they choose so there is nothing new there.
It's been lower, why the fuss
Have you seen the US national debt? Their dollar ain’t that safe !
In a word, Justin. He alone is supposed to be responsible for this entire country, not just liberal supporters..
Thank Trudeau
As has Canada
The price action on the CAD/USD is a SELL. Currency traders see the CAD dollar as a poor investment. A reflection of increasing money supply subsequent inflation and poor government management of our finances.
IM SURE THERE ISN'T A THREAD OF TRUTH IN THIS PROPAGANDA!
Failures are blowing up in Liberals faces.
Sort of like cbc
Just print more money and bribe supporters Justin
The budget will balance itself
Wondering why
Trudeau is destroying everything Canada's future is Europe's current disaster. Recession and energy crisis
Liberals are in power, what do you expect?
Government need to enter art carpet and gold coin and construction business
Government need buy and save more 24 carat ounce gold bar or 10 gram coin or 18 carat back of dollar money
Remain calm everyone...just like the budget is going to balance itself, the looney will reach parity with the USD by itself too. TrudeauMustGo
Also, I’m sure it has nothing to do with the whole scorched earth policy on energy (our chief export).
Sunny Ways!
Gonna look ugly with Charles' mug on everything. 🤮