On the Canadian Dollar

On the Canadian Dollar PDF

Author: John Earl Floyd

Publisher:

Published: 1985

Total Pages: 106

ISBN-13:

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From the Preface: In addition to its insightful analysis of the public policy implications of the Canadian dollar, this monograph does much more. In Chapter 1 it sets the stage and presents a number of popular fallacious views about the dollar crisis. Chapter 2 examines recent trends in unemployment, inflation, domestic and foreign interest rates, and in the value of our dollar in terms of the U.S. dollar and other major currencies. Chapter 3 then proceeds with an analysis of the fundamental factors determining the international value of the Canadian dollar in the long run. The short-run factors determining the dollar's value are addressed in Chapter 4, followed by a discussion of the relationship between interest rates and the dollar in Chapter 5. Chapter 6 investigates the reasons for the most recent decline in the dollar and considers what, if anything, can and should be done about it. The final chapter deals with the question of whether we should be losing any sleep over the problems of the Canadian dollar.

The Canadian Style

The Canadian Style PDF

Author: Public Works and Government Services Canada Translation Bureau

Publisher: Dundurn

Published: 1997-09-01

Total Pages: 313

ISBN-13: 1554883172

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The revised edition of The Canadian Style is an indispensable language guide for editors, copywriters, students, teachers, lawyers, journalists, secretaries and business people – in fact, anyone writing in the English language in Canada today. It provides concise, up-to-date answers to a host of questions on abbreviations, hyphenation, spelling, the use of capital letters, punctuation and frequently misused or confused words. It deals with letter, memo and report formats, notes, indexes and bibliographies, and geographical names. It also gives techniques for writing clearly and concisely, editing documents and avoiding stereotyping in communications. There is even an appendix on how to present French words in an English text.

Canadian Dollar Chaos

Canadian Dollar Chaos PDF

Author: William B. Z. Vukson

Publisher: G7Books

Published: 2006

Total Pages: 0

ISBN-13: 9781894611213

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Trading at a premium to the U.S. dollar in the early 1970s, it was not until the Bretton Woods system of pegged exchange rates collapsed under the strains of the Viet Nam war in 1972, that brought a sudden state of chaos to the historical relationship between the two North American dollars. As a series of Free Trade Agreements negotiated in the 1990s raised Canada's dependence on one of the largest free markets in the world, the Canadian dollar appeared increasingly vulnerable to Canadian industrial and trade policy. As one of the world's oldest currencies challenges its all-time historical lows, a vital debate rages over the benefits of having just one major currency spanning both the U.S. and Canada. This book presents a concise "living history" of the economic and financial life of Canada during one of the most revolutionary decades in modem memory (1990-2000).

Excess Volatility and Speculative Bubbles in the Canadian Dollar

Excess Volatility and Speculative Bubbles in the Canadian Dollar PDF

Author: John David Murray

Publisher:

Published: 1996

Total Pages: 43

ISBN-13: 9780662249092

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Greater intervention by the public sector is often proposed as a solution to the increased speculation and excessive price volatility thought to characterise today's competitive world financial system. This paper attempts to determine whether financial asset prices are in fact subject to excess volatility, using the Canadian dollar as a representative asset. The first section describes the behaviour of the Canadian dollar over 25 years beginning in June 1970, when Canada decided to return to a flexible rate system. Broad movements in the dollar as well as daily changes are examined and compared with those of other major currencies and financial assets. This is followed by a series of tests designed to check for persistent misalignments in the currency. A reduced-form model of real exchange rate determination is estimated using cointegration techniques, and the analysis is extended with a test for speculative bubbles based on a regime-switching specification in which the market is dominated at different times by speculative traders and other agents guided by more fundamental factors. The paper concludes with a discussion of the policy implications of the results obtained.

Towards North American Monetary Union?

Towards North American Monetary Union? PDF

Author: Eric Helleiner

Publisher: McGill-Queen's Press - MQUP

Published: 2006

Total Pages: 349

ISBN-13: 0773530568

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Many believe that Canada's deepening economic integration with the United States and the worldwide trend towards currency blocs will eventually lead to a North American monetary union. In the first detailed analysis of Canadian exchange rate politics, Eric Helleiner challenges this view.Helleiner finds little support in the US for the concessions that would be necessary to make a North American monetary union palatable in Canada. Comparing the US Federal Reserve and the European Monetary Union, he argues that Canada would exercise far less influence within a North American monetary union than individual countries do within the European community. He also analyses the seemingly paradoxical support of Quebec sovereignists for free trade and monetary union.Towards North American Monetary Union'explores Canada's unusually strong commitment throughout the twentieth century to a floating exchange rate for its national currency - a commitment that Heilleiner argues is likely to endure.