The Rising Canadian Dollar and the Airline Industry Question 1 A)The Canadian dollar is on the rise. The causes of the increasing value of the Canadian dollar are: Increased demand for commodities has increased significantly(Anonymous dollar_cdn /). Canada is primarily a staples economy so most of its economic activities are geared toward producing commodities for export(Barrows 148). The U.S. economy is suffering. In 2005 the United States imported $723.6 billion more then it exported(Anonymous dollar_cdn /). The Canadian economy on the other hand is doing quite well. In 2006 the jobless rate in Canada was at a 32 year low, 330 000 jobs had been created and GDP growth was over 3 per cent(Anonymous dollar_cdn /). Canada and the United...The end:
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