The Fall of the Canadian Dollar

I am sure you have all at least come across the fall of the Canadian Dollar. Canada had a lot of things going their way until, well until they did not. The last three daggers were delivered by its Southern Neighbor which is on a quest to bankrupt its alternative drilling companies and by none other than the Bank of Canada which not only slashed rates down to 0.75%, but also decided to keep the printing machine on 24/7. I think the Canadian Dollar will struggle for quite a bit longer from here.

This article says it all (almost):

Falling Oil Prices Hurt Some, Help Others in Canada - WSJ