Currency Fluctuations

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A strong Canadian dollar poses challenges to resumed growth

The increase in the Canadian dollar against the US greenback contributes to reduced foreign investment due to increased production costs.

Because of this surge, US E&M CEOs listed the strength of their currency as one of their chief concerns in 2004.¹ Combined with recent industry challenges, proactive financial services such as assurance and business regeneration are more important then ever to meet the pressure placed on the industry by currency discrepancies.

Contact an industry professional in your area to discuss how you can respond to currency fluctuations and ensure the continued success of your business.

¹ From Trendsetter Barometer, a quarterly survey of CEOs of 392 privately-held product and service companies identified in the media as the fastest growing U.S. businesses over the last five years.