Does Claire Sibonney also know where commodity prices are going?

It appears she does, especially oil! She must also be confident in where interest rates are going and what other things will influence the C$’s value. She seems to think that a 1 cent up move over par has more...
 impact than a 1 cent up move under par, because she says any move over par isn’t likely to last.


What could be the difference to an importer or exporter? Will a move from 96 cents to 97 cents be more harmful than from 1.00 to 101.00? “But any incursion above the US dollar may not last long, because a strong domestic currency will only make it harder for Canada to compete on the world stage.” Is there some magic with par? Let’s face it, the Canadian dollar has been strong, is strong and will probably continue to be strong, hurting our manufactured exports in particular.


I’ve never seen anyone put a trading range on a currency’s value unless it was wide enough to drive a truck through it.