President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” decide on Thursday night whether to include oil from those countries as part of his import taxes.
Because national control over the Canadian dollar gives us a lot of flexibility that adopting the Euro would take away. Particularly in a country that is about to have to attract new trading partners to buy our exports, the ability to devalue our dollar to make those exports more attractive is going to be important.
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Why not? ☺️
Because national control over the Canadian dollar gives us a lot of flexibility that adopting the Euro would take away. Particularly in a country that is about to have to attract new trading partners to buy our exports, the ability to devalue our dollar to make those exports more attractive is going to be important.