Morneau Says Canada Can Do Well With Higher Dollar

The video discusses the impact of the Canadian dollar on trade with the US, highlighting recent increases and their effects on exporters. It emphasizes the importance of investments in infrastructure and productivity to sustain economic growth. The video also addresses interest rate changes as a result of a positive economic situation, noting that these rates remain historically low. Stress tests for mortgages are mentioned as a precautionary measure. Overall, the video presents a positive outlook on the economy, despite potential challenges.

What impact does the Canadian dollar have on trade with the United States?

How have investments in the middle class and infrastructure contributed to the economy?

How does the current state of the dollar reflect the economic situation in Canada?

What are the implications of the recent interest rate increases on the economy?

What measures have been taken to ensure Canadians are prepared for higher interest rates?