[noodl3boi]

Hi Rostov,

Actually from the economics point of view, a strong (Canadian) currency may not always be a good thing.

Benefits: it's cheaper when you buy/import goods from overseas or when you spend money overseas (on tours etc). If your country imports goods heavily, this also helps to combat inflation rates.

Drawbacks: Canadian manufactured goods that are exported overseas will become more expensive - This means reduced demand for Canadian goods, lowered competitiveness, and businesses closing down leading to job losses.

sigh the same thing is happening down here in aus-instead of getting 9001 beams/burning demo/solly unusuals from the mining boom we're getting 8999 flies/fetti pugilists/buckaroos. (if that makes any sense!).... hooray for online shopping tho!