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1. Turmoil in Washington may have immediate consequences for Canada

   This week, Gary Cohn, President Trump’s top economic advisor, resigned, allegedly because he disagreed with the president’s plan for tariffs on imported steel and aluminum. After the tariffs announcement, several Republican politicians ...

2. Exchange rates can overreact to news reports including NAFTA buzz

   This week a report stating that the Canadian government is increasingly convinced that President Trump will pull the United States out of NAFTA was credited with causing the Canadian dollar to drop from a closing value on Jan. 9 of US$ ...

3. Economic Consequences of a Lower Canadian Dollar

   After hovering around parity with the US dollar for three years, Canada?s exchange rate fell sharply in 2013, ending the year near 90 cents (US). Initially, the lower dollar was greeted with relief, especially for our manufacturing exporters. But as the ...