35 Immigration is not a cure-all for Canada’s economic woes (archive.is) posted 4 years ago by StartedGivingBlood77 4 years ago by StartedGivingBlood77 +35 / -0 13 comments share 13 comments share save hide report block hide replies
I think you have point 2 backwards, if Alberta sells oil in US dollars, then we get more Canadian dollars per barrel. So it’s a bit of a benefit.
But you’re absolutely right on points 1 and 3.
But point 3 is the really important one. Canada doesn’t produce much in terms of industrial goods. Most of it comes from the USA or China. A weak dollar fucks over industry and everyone else.