Higher American interest rates will push the U.S. dollar up and lower the already weak Canadian dollar further. Expect the Trump administration to target Canada for currency manipulation.
There is evidence that the economy is starting to pivot away from over-reliance on energy extraction. Instead, our high-technology industrial base is starting to flex its muscles once again.
Dropping oil prices and a falling dollar are supposed to be good for the manufacturing sector. Do Canada's politicians have the wisdom to craft sound policies to respond to the new economic realities?