Falling loonie means just more milking of Canadian consumers: Neil Macdonald

Source: http://www.cbc.ca/news/world/falling-loonie-means-just-more-milking-of-canadian-consumers-neil-macdonald-1.2513237

Prepare yourself folks! See just how much our economy and purchase power is affected when the Canadian dollar is low. I see strengths and weaknesses, highs and lows with a dollar that is at 90 cents to the US dollar. We have all heard of industries that thrive at a booming dollar and a looming dollar, and it is just that. There is no even playing field here, we need to accept change in business and allow other industries to excel in times of high points and low points. The article I have sourced, is referring to allowing international trader's and consumer's to take advantage of our sloping dollar, this is just what we need. Canada could provide strength in numbers at the end of 2014, with a higher GDP (Gross domestic product) allowing or dollar to reverse its course. The article shows who the winners and losers are, and the reflection one has on the other. This is why no one is upset, it happens to be what I like to call a Rest & Recovery period. One industry rests, while the other recovers. It is a forever changing market, and it fascinates me!       

Atlantic Business Magazine

Atlantic Business Magazine

Hello fellow business bloggers,
I urge you all to explore the link above, it is to a magazine I occasionally enjoy looking at. One article you may be interested in is, who are the leading employers of the Atlantic provinces, if so follow this link to the Top Employers . There is so much more to explore, this magazine does a fantastic issue where they show and tell the stories of the top entrepreneurs for the year. The easiest way to explore the magazine is to click on the Digital Edition tab. Enjoy!

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