Much more needs to be done to improve competitiveness
Our goal should be to stand out as a knowledge superpower rather than a more narrowly-based energy superpower.
TORONTO—The benefit of Canada’s floating exchange rate as a shock absorber for the economy is currently on full display as oil prices plummet. From an exchange rate of parity with the U.S. dollar several years ago, when the price of oil soared well above $100 a barrel, our exchange r...
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