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<p>[QUOTE=&quot;fatima, post: 1302288, member: 22143&quot;]You make the mistake of thinking the relative values of fiat currencies means something about the country issuing it.&nbsp; It doesn&#039;t.&nbsp; </p><p><br /></p><p>In the 1990s a lot of work from the USA was shifted towards Canada by American firms because the Canadian currency make it less expensive.&nbsp; The danger that Canada has now with an appreciating currency is the multinationals will move all your jobs to S. America, India, &amp; China.&nbsp; In fact, it&#039;s already started.&nbsp; I know of a very large IT firm that recently shifted a great deal of work from Canada to Argentina &amp; India and is continuing to do so.&nbsp; &nbsp; Job losses will accelerate if your currency remains high vs. the $.&nbsp;&nbsp; Canada isn&#039;t big enough to be on most people&#039;s radar, but given that you are on fiat money it&#039;s no different there, than anywhere else.&nbsp;&nbsp; At some point the government will be forced to tip their hand or see the industrial part of the economy moved elsewhere.[/QUOTE]</p><p><br /></p>

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