Canadian dollar: The Northern Tiger

- By FX Markets Staff
- @FXMarkets_
- 01 Jul 2002

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While all the indicators remain optimisitic for Canadian dollar strength, more attention should be paid to productivity rates, says Craig Larimer, analyst, capital markets at Bank One in Chicago

Canadian Prime Minister Jean Chrétien has been riding high with G-8 summiteers at Kananaskis, Alberta's answer to Jackson Hole. Moody's has restored his country's sovereign AAA rating. The economy grew a heady 6% (seasonally adjusted at annual rates) in the first quarter, and April data has been shaping

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