Chief Economist of TD bank expects further weakening of CA dollar with boost to exporters
SEAFOOD.COM NEWS April 23, 2014
The decline of the Canadian dollar should continue over the next year, says Craig Alexander, the Chief Economist and Vice President of Canada's Toronto Dominion bank (TD Bank). He was speaking at a conference in New Brunswick.
The current rate of around $.91 Canadian to the US dollar will fall another 8% or so, to $.85 next summer, said Alexander.
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