Cbc News Alberta
Cbc News Alberta
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Why a low Canadian dollar could hurt some and benefit others

Posted

December 4, 2024

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The Canadian dollar recently hit its lowest point in five years. While the re-election of Donald Trump as U.S. President was a contributing factor, the loonie was already in a slump because of Canada's sluggish economy. It's bad news for consumers, but could be good news for some industries.

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Why a low Canadian dollar could hurt some and benefit others · Cbc News Alberta · Sentinel