Real estate blog entries tagged with canadian economy by VERICO Designer Mortgages Inc.

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Home : Blogs : Gina Burgio : Gina Burgio, Mortgage Agent : Tag "canadian economy"

canadian economy: Canadian Dollar at par with US Dollar - 04/06/10 12:11 PM

It seems like yesterday when the Canadian Dollar was at par with the US Dollar. It took less than 2 years for the exchange rate to equalize again. But what does this mean for the Canadian economy?
Generally, the lower the value of the Canadian dollar, the more Canada was trading. When the dollar was at par in July 2008 it reflected a weakening economy in Canada. But is that still the case? More than ever Canada's economy is strong in comparison to markets with which we are trading.
In terms of trade a strong dollar weakens Canada's selling points, but could a strong … (3 comments)

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Gina Burgio

Ancaster, ON

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