Rising dollar and sinking growth
Stemming the tide of this trend
This sharp rise in the value of the Canadian dollar is causing a significant reduction in earnings for consumer product companies who have significant U.S. dollar export sales and Canadian manufacturing operations.
For retailers, the resulting decline of tourist dollars is also negatively impacting sales revenues.
We can help you respond to the impact of a strong Canadian dollar by providing advice on treasury risk management and treasury reviews. We also provide assistance with developing hedging strategies that will lessen the impact of a stronger Canadian currency.
Contact a retail and consumer industry professional in your area to discuss your unique business concerns related to the impact of a strong Canadian dollar.
