Canadian dollar dropped in the last month

[Hamloc]

From October 2 to today the Canadian dollar has dropped just over 2 cents versus the USD from just over 74 cents to just under 72. I have certainly seen predictions of it falling under 70 cents. One would think this could cause an uptick in inflation. Canada’s economy is essentially flatlining while the U.S. economy continues to grow. Any thoughts? Predictions?

[poorboy]

Wheat basis should be much higher than it is with the currency exchange.

[westernvicki]

Hamloc, maybe someone should have the NDP address that question.