Will the Canadian Dollar Hover at Par – Matthew Strauss, RBC Capital Markets

As an exporting nation, Canada has a history of relying on a low currency.  Unless you have been hiding under a rock for the past four years, the Canadian dollar no longer enjoys this low value luxury.  Many producers who export are very concerned about the value of  the Canadian dollar and some of the analysts predictions of a longer term par US / Canadian dollar.

As Glen Hodgson discussed with us several months ago this forever low valued dollar forced Canadians to struggle in achieving maximum productivity which is nipping us in the butt right now.

Matthew Strauss is a Senior Currency Strategist with RBC Capital Markets and I discussed with him his 6 month outlook for the Canadian Dollar and what we can expect.  Are we headed to $1.15 or back to $0.90?  We also talk a little bit about inflation in Canada and deflation in the US.

If you cannot see the below video, click here

 

Shaun Haney

Shaun Haney is the founder of RealAgriculture.com. He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4:30 PM est. @shaunhaney

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