Home > Uncategorized > Dollar Reaches Ten Year Low

Dollar Reaches Ten Year Low

The Canadian dollar continued to slide Monday, with finance experts predicting that an oversupply situation in the oil market will not be changing, impacting the dollar’s value until 2017. Canadian book distributors who insist on simply rolling over and playing dead will no doubt be raising the conversion to 1.4000 very soon; however the pricing arrangement between Baker Books and David C. Cook Canada proves that change is certainly possible if U.S. publishing houses want to support this market. 

Canadian news media continues to focus on the advantages of a low Canadian dollar to the manufacturing segment, completely downplaying the impact to consumers.

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