Wednesday, May 26, 2010

OECD paints glowing picture of Canadian economy

The Loonie will achieve parity or better than the U.S. dollar soon than most expect. This does not, however, mean the Canadian dollar is a safe haven relative to gold. All fiat remains in a race to the bottom.

The Canadian economy is particularly strong this year, aided by a healthy banking sector and low government deficits relative to its competitors, according to the Organization for Economic Co-operation and Development.

Source: financialpost.com

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