George Morris Paper On The Canadian Dollar

http://www.georgemorris.org/aspx/Public/Utils/DbFileViewerPopup.aspx?FileID=264

The post speaks to increasing productivy by increasing capital investment in technology. Also mentioned is steamlining our regulatory systems.

The paper makes the point (and it is a valid point) that a low dollar just hides weak points in our economy. With our natural resourses we should be working on becoming more productive, not making our exports attractive lowering the dollar. Kind of like being the dollar store of countries.

All the point made in the article are valid. But, goverment ( in places other than Canada) have used the low currency strategy for the last 20 years. It is an easy way to stimulate export and I don't think it's going away any time soon.