What we're looking at is the value of our foreign-denominated currency expressed in Canadian dollars. Therefore, when the currency appreciates, the Canadian dollar value goes down.
November 20th, 2007 / 9:45 a.m.
Assistant Deputy Minister, Economic and Fiscal Policy Branch, Department of Finance
What we're looking at is the value of our foreign-denominated currency expressed in Canadian dollars. Therefore, when the currency appreciates, the Canadian dollar value goes down.
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