Bank of Canada warns surging loonie could pose risk to economic outlook
(financialpost.com)
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Our M0 nearly quintupled in the past 12 months
https://tradingeconomics.com/canada/money-supply-m0
As opposed to USD where they only expanded by about 1.5 times
https://tradingeconomics.com/united-states/money-supply-m0
There's no way CAD is getting stronger in the international market
Yet, somehow this is the case.