The High Canadian Dollar
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This paper provides essay responses to three fixed questions employing course materials and other sources on I) implications of the high Canadian dollar; possible government responses, II) how the high dollar inflicts unwanted challenges on some regions/businesses; responses, and III) the Tourism Indian Assocation of Canada (Ottawa 1930-) as an example of a Canadian interest group advising governments on policy decisions. The paper notes that if the dollar is to remain high as discourages Canadian tourism, then breaks and incentives will be needed for 65B+$ of high employment and local returns.
From the Paper:"The high Canadian dollar value in 2007, approximately 25% above the American dollar, had unequal results across Canada. Federal and provincial governments responded in predictable piecemeal ways. Canadians have long expected but sometimes resented economic and political centralization so that some interests were quick to approach Ottawa for measures to ensure equalization or supports through a period of regional loss. (See Wilson 417-418) While a high dollar was seen as a sign of overall economic success, the Canadian economy shows its heritage in past mercantilism in a..."
Cite this Analytical Essay:
The High Canadian Dollar (2008, December 01) Retrieved December 06, 2022, from https://www.academon.com/analytical-essay/the-high-canadian-dollar-137068/
"The High Canadian Dollar" 01 December 2008. Web. 06 December. 2022. <https://www.academon.com/analytical-essay/the-high-canadian-dollar-137068/>