EC140 Lecture Notes - Lecture 8: Canadian Dollar

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30 Jan 2019
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Even over the past year, changes in the exchange rate have made it less desirable for. Canadians to import from the united states and more desirable for americans to buy from canada. The canadian dollar has depreciated in the last 3 months. Changes in net exports - a depreciation of the canadian dollar: Changes in net exports an appreciation of the canadian dollar: The effects of large depreciations and appreciations are substantial. This is one of the very important policy tools in the macroeconomic policy repertoire. It is almost certain that the bank of canada was taking various actions to maintain a lower value of the canadian dollar starting roughly when steve poloz was appointed as. Travel to us hits 6-year low as weak loonie forces canadians to go elsewhere. On the other hand, american visits to canada were up almost 20 per cent between january and march.

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