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Tuesday, December 09, 2003

Should Canadians dollarize the loonie 

Should we Dollarize the Loonie?

By

James Bredin

We complained when the loonie lunged down near sixty cents,
And the snowbirds in Florida could hardly pay their rents,
Then suddenly the loonie lurched upward every day,
And we worried then ‘cause the factories might all move away.

The exporters claimed that no one would then buy their stuff,
Their US customers might say enough is enough,
Are we doomed to have our dollar kicked down and around?
But then the loonie jumped again or the $US went down.

Does anyone know why our loonie gets kicked around?
Is there a god of currencies that looks down with a frown?
How can we avoid these fluctuations and that hurt?
Let’s dollarize the loonie and we’ll know what it’s worth

Tuesday, December 09, 2003

Click here for George Bush and dollarization of the Canadian loonie

Click here to fix Canada

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