This is good journalism. The value for the Americans is obvious. Their dollar crushes ours, & isn’t in jeopardy of slippage with our current federal government.
Facts:
1. The 🇨🇦 $ hasn’t been even at 83 cents since 2014 - an unprecedented thing in comparison to the 1970s thru 2010.
2. The 🇨🇦 $ hasn’t even flirted w/ 80 cents for close to 4 1/2 years now. Very early in ‘22 - it was there for a few days.
3. 🇨🇦’s purchasing power ebbs & flows w/ the $’s strength. We all have surfed those waves - but for the last several years, it isn’t even a conversation anymore that we might see more strength w/ our currency. It’s never discussed.
4. How do you build “the strongest economy in the G7”, when you have, arguably, its weakest currency? Not a question the PM will ever answer directly.