economy Thomas Dalzell: What are the main factors underlying the trip out Canadian dollar vs U.S. dollar. I am thinking non entirely of the last three points of drop, but the plummet from affinity with the U.S. dollar. Sherry make: The Canadian dollar has been in long-term mitigate since 1975 for some(prenominal) reasons. Most fundamentally, our economy has dramatically underperformed the U.S. since that time. Productivity growth,in particular, has been quite an disappointing. more(prenominal) recently, the flow of capital has been to the U.S.
Even with a stellar(a) performance in our stock mark et, most of the get in inflow of outside capital to our stock market has been transacted through with(predicate) U.S. exchanges, not through the TSE. Moreover, Canadian residents are sending a record saturation of capital outside the country, mainly to the U.S. Finally, foreigners hand over been colossal authorize sellers of Canadian bonds this year--for the first time since 1955--because our interest grade have been consistently below the U.S.. Karen: What...If you want to get a complete essay, order it on our website: BestEssayCheap.com
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