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Canadian dollar drops after Justin Trudeau elected Prime Minister
Posted
October 24, 2015
Views
14,778
Likes
298
Comments
168
Engagement
3.15%
October 24, 2015
14,778
298
168
3.15%
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2:06Now PlayingEzra Levant of TheRebel.media reports that the Canadian dollar dropped nearly two percentage points after Justin Trudeau's Liberals swept to a majority in the federal election.
That's almost two cents in four days. During that period, only one thing as changed on the national scene: 39.5% of Canadians voted for a Liberal who has promised to raise taxes and spending, run a deficit and oppose the oil industry.
Everything we import just got more expensive, and we'll get paid less for everything export.
It's like every Canadian just got a pay cut.
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