Why the loonie shot higher. And what it means for you

The Canadian economy is back in high gear and global markets have taken notice

Why was the Bank of Canada so wrong for so long?

When you make the same mistake for four years in a row, hard questions have to be asked

Why the Bank of Canada wants you to take a (real) pay cut

The Bank believes real wages are too high to sustain a significant recovery

There is no such thing as a ‘fair value’ for the loonie

The dollar is worth what someone is willing to pay for it

Sorry, there is no particular value the Canadian dollar ‘should be’ worth

Mike Moffatt on P.P.P. (Purchasing Power Parity) and B.S.

A high dollar means higher wages, not lower prices

How we’re benefitting from an increase in the Canadian dollar

The price is wrong

The price is wrong in Argentina

Inflation has stoked paranoia, a black-market peso and, for a lucky few, some great deals