What Happens When the Loonie Falls?
TLDR
The Impact of a Weak Canadian Dollar
This chapter examines the ramifications of the declining Canadian dollar on consumers and investors, emphasizing ethical shopping practices. It highlights the historical context of the loonie's decline, particularly in relation to trade tariffs, and discusses the challenges faced by those heavily invested in Canadian securities. The conversation reassures listeners about the advantages of a diversified investment portfolio in mitigating risks associated with currency fluctuations.
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