We have to look at the big(ger) picture.
Lower loonie means more contracts and exports to the states (Canada's biggest trading partner).
I do not do anything for the states, so what do I care?
WRONG
I build, repair and modify the machines and assembly lines for the companies that make sub-products. They sell the sub-products to a Canadian manufacturer who makes the main product. Then 90% of that product is sold to the USA.
If I am repairing a farmers combine, it is because he can make money harvesting a crop that is driven by commodity prices and exports to the states.
Everything is tightly interwoven.
The less us buys the less work I have (even though I do nothing "for" the states). The less money I spend at the local butchers....etc, etc.
With our high wages (dictated by our COLA), we need a weak loonie to compete with manufacturing out of the southern US (and Mexico).
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