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DMCMNFIBFFF@lemmy.world 4 weeks ago
Thanks to Trudeau our Canadian dollar is a weak as fuck,
Accounting for approximately 2% of all global reserves, as of January 2024 the Canadian dollar is the seventh-most held reserve currency in the world, behind the U.S. dollar, euro, yen, sterling, renminbi, and Australian dollar.[5] The Canadian dollar is popular with central banks because of Canada’s relative economic soundness, the Canadian government’s strong sovereign position, and the stability of the country’s legal and political systems.[6][7][8][9][10]
…
www.google.com/finance/quote/USD-CAD
CD$1.3818 = USD$1
www.google.com/finance/quote/CAD-USD
USD$0.7237 = CD$1
Mk677yearround@lemmy.ca 4 weeks ago
Lauchs@lemmy.world 4 weeks ago
And by the end of Harper’s term, the dollar had fallen. Are you furious about that too ya silly Billy?
Mk677yearround@lemmy.ca 4 weeks ago
[deleted]FunderPants@lemmy.ca 4 weeks ago
Trudeau has objectively not made the dollar worse though.
FunderPants@lemmy.ca 4 weeks ago
In 2015, when Harper was in office, the dollar was worth what it is now.
DMCMNFIBFFF@lemmy.world 4 weeks ago
That was during minority government.
FunderPants@lemmy.ca 4 weeks ago
The dollar is back around where it was when Trudeau took office. In fact the last big collapse from parity happened under the last CPC prime minister, in his last year of office, when Pierre was in cabinet.