谁能评论一下美元阿！什么时候能升阿！
- 主题发起人 spyboy
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GoneWithTheWind
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Good news for people earning CA$ here which have more value.
Personally, it is good. But not good for Canadian exporters. I don't know how important the role of exporting section plays in the overall Canadian economy.
CAD up => exporting down & importing up. It has an adverse impact on Canadian economy, especially when caculating the GDP since GDP = C + G + I - NX. NX is net exporting which equals export - import.
Also, higher CAD also leads to less direct investment.
But higher CAD attracts more skilled people to Canada and might benefit the economy in the long run. We will see....
It was said the most suitable rate between CAD & USD was 1.25 CAD = 1 USD
CAD up => exporting down & importing up. It has an adverse impact on Canadian economy, especially when caculating the GDP since GDP = C + G + I - NX. NX is net exporting which equals export - import.
Also, higher CAD also leads to less direct investment.
But higher CAD attracts more skilled people to Canada and might benefit the economy in the long run. We will see....
It was said the most suitable rate between CAD & USD was 1.25 CAD = 1 USD
???
Canada have one of the best economic performance in the developed world:
1. It is the only G8 country that are running a budget surplus.
2. It also has the strongest emplyment growth in the past 2 years among G8.
3. It also runs a HUGE internaiontal trade surplus.
due to under-performing for the economy of the rest of G7,(not counting Russia, as Russia is not a developped country), Canada's economy excels. Basically, you know it is not very easy to achieve a 3%-increase in GDP for a country with per capital GDP of more than 20K USD, especially for countries like Canada. She depends too heavily on US's economy.
One thing I must mention, for 2002, Canada has a GDP of more than 1 trillion CAD, as I mentioned above, GDP = G + C + I + NX. How much was the NX? 30 billion USD? That is comparatively small as to the whole GDP. You know, there are no big countries who can achieve a per capital GDP of 20000USD just by exporting. Everyone has to, in the long run, let the C(consumer spending) be the primary accelerator for economy
One thing I must mention, for 2002, Canada has a GDP of more than 1 trillion CAD, as I mentioned above, GDP = G + C + I + NX. How much was the NX? 30 billion USD? That is comparatively small as to the whole GDP. You know, there are no big countries who can achieve a per capital GDP of 20000USD just by exporting. Everyone has to, in the long run, let the C(consumer spending) be the primary accelerator for economy
