For some reason a lot of people think that the high Loonie hurts the tourism sector. This is true, but it also hurts every producer in Canada that sells things outside of the country. It also creates an incentive to buy things from abroad instead of domestically. I don't know why people (and the media) only focus on tourism, is there something in out society that makes us feel more, or less, sorry for a tourism worker who gets laid off?
Thursday, January 10, 2008
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