Our, Eeek-On-Oh My Continues to Shrink-But, People, We Are Not In A Recession.

The Value of the Canadian Dollar is not, Quite, at the Lowest Point-- Ever.

The Value of the Canadian Dollar

Humiliating examples of the Canadians Government’s bungling of their, VOTER ASSIGNED ADMINISTRATIVE RESPONSIBILITIES, for the past 25 years, has been the yearly decline in the value of the Canadian dollar; and for the last fifty, the chronic, shrinking of the CANADIAN economy. The Canadian dollar has lost one or two cents each year compared to the US dollar. 
March 27th, 2001) $100 Canadian = $63 US. About fifty years ago, Canadians were all proud, $100 C was = $110 US.

Therefore the Canadian dollar dropped over half its value in that time. But, because the slide has been gradual -- one or two cents a year -- there has been zero political backlash. This has signalled politicians that they should increase taxing and government waste, while INCREASING THEIR OWN EXPENSE ACCOUNTS, PENSIONS AND SALARIES.
In starting his present political campaign, Justin Trudeau claims; " More Canadians are presently unable to make ends meet, and are dropping out ot the 'MIDDLE CLASS'.  He therefore is promising to 'GIVE'EACH AND EVERY 'MIDDLE INCOME FAMILY' 'TAX FREE'an 'EXTRA' $2500.00 a year--a pittance, so far as such families are concerned--AND he fails to mention how many 'OTHER' ADDITIONAL TAXES he would deem 'NECESSARY' in order to achieve This LOFTY CLAIM. In reality, All Canadians, the poor, the so called "Middle Class" (in the past Canada never had a "Class system) the Ultra Wealthy, North American Aristocrats" the "Celebrities, the VIPs; would LOSE. BUT THE GOVERNMENTS COULD AND WOULD CLAIM JUSTIFICATION FOR EVEN HIGHER TAXES IN CANADA.
Thus, they have disregarded the constant decline of the Canadian dollar, claiming it to be a “GOOD THING”, the $600 billion national debt, the brain drain to the US, HRDC and CIDA give-always of billions of taxpayers’ dollars to friends and other “WORTHY causes.

 HRDC and CIDA are two of the hundreds of acronyms that the Canadian government uses for organizations that funnel billions of taxpayers' money to “WORTHY” recipients. Canadian Old Age Pensioners are NOT considered "WORTHY". 
HRDC means Human Resources Development Corporation and CIDA means Canadian International Development Agency. HRDC funnels money to “WORTHY” Canadians and CIDA Funnels Money To “WORTHY” foreigners.

Early 2000's the Canadian dollar fell to an all-time low of $0.63 cents in value.

Beginning late 2003 to early 2004 the value of the dollar began to rise at an even more significant rate than previously seen in the earlier crash, resulting in an eventual high of $1.03 by early 2007. The CAD currency maintained an average of $1.00 until late 2008 to early 2009, which is when the most recent (although relatively minor) crash(recession) occurred, leaving the dollar at an average value of $0.80 US cents. The value of the dollar, and the Canadian economy, began to rise once again, and by late 2010 to early 2011, the value was once again at an average of $1.00- par with the United States of the Americas dollars.

Between 2011 and 2012, the dollar averaged $1.00, having only a few minor drops and increases between the value of $0.95 and $1.10. The current value, as of January 2013, has been sitting on a consistent average of $1.00. However as predicted that Canada's economic recovery lost steam in 2013, again reducing the dollar’s value.

Of course, in the meantime, the GOVERNMENT??? OF CANADA??? has, ONCE AGAIN, SUCCEEDED, in creating a momentous threat on the Canadian economy, due to transit, and government service, interruptions.

A third of all Canadian taxes go to pay the interest on the $600 billion national debt -- not a penny off the principal.

Canadians Are The Most Overtaxed Citizens In The Entire Industrialized World. Canadians are not tax-free until August every year.

Peoples living in the United States of the Americas are tax free in the middle of May each year.

Canada's productivity, competitiveness, extraordinary high taxes, and the value of the Canadian dollar, is the last thing on their minds as Canadian politicians; through the Human Resources Development Corporation and the Canadian International Development Agency; search the world for more refugees, more bogus, international, and “special Interest “ programs, and MORE METHODS OF BUYING VOTES. They feel that they have an obligation to the RICH AND PRIVLEDGED—those who have traditionally, bought and DIRECTED all political activity, not the value of Canadian dollar, not the extremely high taxes that Canadians have to endure; and NOT or the brain drain to the united States of the Americas, and OTHER FOREIGN countries.  

Eleven European countries adapted a common currency called the euro, On Advice From (Canadian) Robert Mundell.

Now, currency speculators can no longer play the French franc against the German mark; or any of the other 11 European currencies. The currency speculators have avoided the euro since it was adapted. Robert Mundell got the Noble Prize for his assistance and advice. Harper and HIS??? CONSERVATIVES in Ottawa refused this advice.

The educated economists have a hundred reasons, buzzwords, statistics and charts to explain how everything is interlocked and why the Canadian dollar is in constant decline while the currency speculators, like vultures, await the outcome. It doesn't take an expert to figure this out. The tax-and-spend politicians in Ottawa just do what they love to do.

According to Canadian Prof. Robert Mundell, 1999 Nobel prize winner in economics, special advisor on the euro, developer of open economic theories, (Who is shunned by Ottawa politicians) Canadians should have the same currency as the US or the Canadian dollar should be fixed to the US dollar and we should have a genuine free trade area. He also believes that tax reductions spur economic growth.

When, do you think, will the TRUE VALUE, of the value of the Canadian dollar, GET BACK UP to an international value, of zero?~~Al (Alex-Alexander) D. Girvan.