Loonie Races Ahead – The Canadian Economy’s Economic Health
If the currency of a nation is like its stock and represents the health of its economy, the Canadian dollar also called the Loonie seems to be the best example as it raced ahead of its southern counterpart’s currency. The Loonie’s rise to beyond parity, early this week, with the US dollar is being touted as a representation of the Canadian economy’s economic health vis-a-vis the G7 economies.
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