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Originally Posted by Martian
On the other hand, the implication is that our economy is able to thrive independent of the US economy and that's always a goos thing.
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This is not necessarily the case.
The increase in the dollar could also be due to the huge amounts of Canadian dollars that are required to carry out the foreign purchases of Canadian companies that Percy mentions.
In order to make these purchases Canadian dollars had to be bought.
We can also ask the question:
Is our economy really 93% that of the U.S. economy?
Not really.
However, it, of course is alot more complicated then this.