The Loonie Plummets so maybe it is time to Buy Canadian

Posted by Moaning Mary on January 13, 2016 in Business, The Daily Grind |
corporate money grab

the weak dollar goes lowerSo let us all panic, the Loonie has hit a low, in the last decade, but you know what, I remember when the Loonie was pegged, not free floating, and well, I sure was able to fill up the tank of the  old car, food was reasonably priced, and oh yeah, I could actually find Canadian Made products.  There was the T. Eaton Company, Hudson’s Bay, Zellers, Woolworths, and other CANADIAN BUSINESSES doing just fine, with the Canadian Buck pegged at about 10cents lower than the Yankee Buck.

Farmers sold their goods, even top grade steak cuts were affordable, oh and you know what?

A single income family could actually save money to buy a house, and even go on the odd vacation.

[hero heading=”Loonie Plummets” tagline=”Time to just BUY CANADIAN”]Maybe the low Loonie is a sign, that we should stop all this Global Economy crapola, and start to look inwards. Like maybe build up Canadian Industries, to provide us with a cheaper and better quality (hopefully) of products than we get now from China, and other Foreign arenas.[/hero]

What I don’t get though, is prices for locally grown food has gone up, and yet they don’t trade in Yankee Dollars, and well, it just seems to me that it is just one more example of GREED.  Honestly, we EXPORT GOODS for the most part, including food, like Beef, Pork, Chicken, so how come WE pay more?  If we are shipping it out, then let us ship less out, buy local, and save a buck.

Maybe we should think about that?

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