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Originally Posted by vox_rox
80 to 85 cents compared to the $us is about what it should be. More than that and our manufacturing sector really suffers, and people flock to the states to shop like a bunch of lemmings. My gawd, is shopping that important? What a scary thought.
Anyway, just my $0.02 CDN worth.
Peace,
Pierre
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Our manufacturing sector is almost extinct as it is. 600 companies and counting bought up by foreign investment in the last 18 months.
Just wait until we have no more raw materials to export. Then those Nikes made in China will be double what they were before since we effectively sold off our bargaining and buying power.
Good thing we have R&D to fall back on. Whoops,..got rid of that in the 70's