With Canadian dollar trading at 5-year low, what is the effect on the B.C. economy? | Globalnews.ca

By Global News   |   1 year ago
With Canadian dollar trading at 5-year low, what is the effect on the B.C. economy?  | Globalnews.ca

The Canadian dollar is at a five-year low against the US dollar, impacting imports and causing prices to rise. Trader Victor Adair attributes the decline to global factors, including the US dollar's strength post-Trump's election. This trend benefits exports but increases costs for imports from the US.

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