Friday, November 22, 2024

Woe Canada

The Loonie Drops For Thee.

CBC: Will the Canadian dollar slip below 70 cents US?

The Canadian dollar is dropping in value  not just due to the fall in the price of oil, but to lousy economic policy choices made by the Trudeau government.

The falling Canadian dollar matches the fall in Canada's standard of living under Trudeau:

"The really sad thing is, for me and you and the rest of Canadian citizens, our standard of living has dropped 35 to 40 per cent versus the United States in the last eight years," he said.

Progressives tend to run out of other people's money, and set their nations on a path to decline and ruin.  Hopefully, Canadians pull their collective head out and vote in a better government soon.

1 comment:

Old NFO said...

Fidel Trudeau is getting his wish...