5 Great Things About Canada’s Dwindling Loonie

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Our poor loonie. As it continues its decent into Zimbabwean territory, we as Canadians must find a silver lining. There’s gotta be some good that will come out of this, right? Please? This is our list of 5 positives that will come out of a whole heap of negative.

A return to manufacturing in Canada

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As our loonie drops, so does the cost of doing business in Canada. Foreign companies will see this as incentive to start manufacturing goods here. It now costs foreign companies a lot less to employ Canadians, which could give Ontario manufacturing plants the green light.

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