Dollarize with Care: Argentina’s Lessons for Canada

Commentary, Milton Boyd, Workplace

The 62-cent Canadian Peso means that Florida vacations have become an impossible luxury for most Canadians. More importantly, high levels of taxes and government spending are constantly compromising the real values of our homes, investments and pensions – policies that drive the loonie even lower. The idea of adopting the U.S. dollar might bring a glimmer of hope to some.