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Canadian Dollar Fluctuations

Date Submitted: 10/10/2003 18:47:48
Length: 5 pages (1278 words)
Views: 129841

 The Canadian dollar has declined by over thirty percent versus the United States dollar, since it was at its highest in 1970. The reason for this is mainly the following factors: the Quebec factor, the inflation factor, the productivity factor, the growth in government and taxes factor, and the commodity price factor. These all come together to bring us to what the Canadian dollar is worth compared to the U.S. dollar today. The Quebec factor …

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…of Economists, "Do we want one North American currency?" The Financial Post, Jan. 30/99, p. 9 Bibliography Bibliography Boreham, Gordon F. & Bodkin, Ronald. Money, Banking, and Finance: The Canadian Context. Holt, Rinehart, &Winston of Canada, 1993. Board of Economists. "Do we want one North American currency?" The Financial Post, Jan. 30/99. Cooper, Sherry S. "Why we're getting poorer" The Financial Post, Mar. 5/99. McCallum, John "Drivers of the Canadian dollar and policy implications" Royal Bank of Canada Current Analysis, August 1998.

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