chrominance
Member
Canada's export industries have an incentive to keep the Canadian dollar low; it means export goods are cheaper and more attractive to foreign markets. So long as the Canadian market relies primarily on exports like crude oil, there will always be an incentive on the part of the government to keep the dollar from rising too high. Parity may not be something we see for quite a while.
Of course, who knows what Trump will do. In the most extreme scenarios, I could see Canadian exports doing well due to US boycotts. Or we could all be dead because of nuclear war. Who knows.
Of course, who knows what Trump will do. In the most extreme scenarios, I could see Canadian exports doing well due to US boycotts. Or we could all be dead because of nuclear war. Who knows.