The Canadian dollar has declined by over thirty percent versus the United States dollar, since it was at its highest in 1970. The reason for this is mainly the following factors: the Quebec factor, the inflation factor, the productivity factor, the growth in government and taxes factor, and the commodity price factor. These all come together to bring us to what the Canadian dollar is worth compared to the U.S. dollar today. The Quebec factor …showed first 75 words of 1278 total…

…showed last 75 words of 1278 total…of Economists, "Do we want one North American currency?" The Financial Post, Jan. 30/99, p. 9 Bibliography Bibliography Boreham, Gordon F. & Bodkin, Ronald. Money, Banking, and Finance: The Canadian Context. Holt, Rinehart, &Winston of Canada, 1993. Board of Economists. "Do we want one North American currency?" The Financial Post, Jan. 30/99. Cooper, Sherry S. "Why we're getting poorer" The Financial Post, Mar. 5/99. McCallum, John "Drivers of the Canadian dollar and policy implications" Royal Bank of Canada Current Analysis, August 1998.