4 ms·
That's actually bad for the economy. Canadian companies benefit from the lower dollar as goods are often sold in USD, but wages are paid in CAD. 0.75 to 0.8 is
by glitchc 2y ago
That's actually bad for the economy. Canadian companies benefit from the lower dollar as goods are often sold in USD, but wages are paid in CAD. 0.75 to 0.8 is the historical benchmark for the exchange rate.