Domestic prices and the appreciation of the Canadian dollar

Canadian consumers believe that they are not getting the full value at the check-out counter of the substantial appreciation in the Canadian dollar during the last five years. An exchange rate appreciation makes exports more expensive and imports less expensive. While this creates a more competitive selling environment for the producers of exportables, at the same time it provides a more favorable environment for consumers and importers.

Link of interest

Media Release: Why aren’t consumers benefiting from the higher dollar?

Back to top