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On the flip side, my income comes primarily from online sales and advertising, mostly to US companies, which means a lower CAD is great for me. We're a microco
by tempestn 11y ago
On the flip side, my income comes primarily from online sales and advertising, mostly to US companies, which means a lower CAD is great for me. We're a microcosm of importers vs exporters.
Most people probably don't do a lot of either. As for those who do... although increased cost of online purchases must directly affect more people than increased demand and income for exports, when you consider higher-order effects I suspect it could go either way. (Certainly all you ever hear in the news when the dollar moves significantly is how it's good for manufacturers but bad for importers.)