Saturday, October 24, 2015

"It's like every Canadian just got a pay cut" as dollar plunges after Trudeau's win

The Canadian dollar dropped nearly two percentage points after Justin Trudeau's Liberals swept to a majority in the federal election.


That's almost two cents in four days.

During that period, only one thing as changed on the national scene:

39.5% of Canadians voted for a Liberal who has promised to raise taxes and spending, run a deficit and oppose the oil industry.

Everything we import just got more expensive, and we'll get paid less for everything we export.
It's like every Canadian just got a pay cut.



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