Quote:
Originally Posted by blankall
Does anybody have any figures on how much this is costing our economy? Not only are people buying goods in the US, but we lose tourists coming the other way. The biggest hit I've heard, is the oil market. Apparently the transactions are all done in US dollars. So a transaction that at one point but us however many Canadian dollars, now brings in substantially less.
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Yeah, as much as it's good for an individual consumer....it's actually not that good for our economy as a whole. IMO in order to compete globally Canadians have to figure out how to increase efficiency about 25% from what we were about a year ago....