Quote:
Originally Posted by osmo
Every major Canadian operation that deals with USD$ extensively has US funds in a hedged account. Lessons were learned from the crippling 90s, no professional sports team in Canada these days is crying foul about the high USD$.
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Yes and no.... It can work for a while, but if there is a sustained decline and all (or most) of your revenues are in $CAD while your expenses are in $US, there will eventually be a squeeze.
