EFTA Document EFTA01461293

2. In small type also: " the Bank estimates that commodity prices account for roughly half of the appreciation of the Canadian dollar since 2002 the remainder of the appreciation is in line with the broad-based depreciation of the US dollar" 3. "Canadian firms should also be more inclined to invest, since the lower value of the Canadian dollar is boosting both activity and profitability in the export sector" 4. "The depreciation of the Canadian dollar in the past year is also expected to e