Mr. Speaker, the Canadian dollar sunk to an all time low no less than five times in the last month. The burning question on the minds of Canadians is: How low can the Liberal loonie go?
Will the dollar have to drop all the way to 50 cents before the Liberals finally admit that their limping loonie needs a bit of a boost? If we believe our Prime Minister, the loonie cannot go low enough. For over three decades our Prime Minister has been spouting the same simplistic dime store wisdom that a low dollar is good for exports. Yes, exporting Canadians.
Canadian businesses do not need a low dollar to compete. They need a Prime Minister who understands the obvious. A strong dollar actually is good for Canadians. I would like to pass on a simple message to the driver of the loonie bus: “You are going the wrong way”.