(Bloomberg) -- In 1976, Montreal hosted the summer
Olympics, Toronto's CN Tower became the world's tallest
structure, a Gordon Lightfoot single reached No. 2 on the pop
charts and Canada's currency was worth about one U.S. dollar.
Thanks to growing exports of oil, copper and lumber, the
Canadian dollar may reach that rate of exchange for the first
time in 31 years, according to former Canadian Finance Minister
John Manley. Canadian Imperial Bank of Commerce, National Bank
of Canada and State Street Corp. say the currency may become as
valuable as the U.S. dollar within 12 months.
Read more at Bloomberg Currencies News
Olympics, Toronto's CN Tower became the world's tallest
structure, a Gordon Lightfoot single reached No. 2 on the pop
charts and Canada's currency was worth about one U.S. dollar.
Thanks to growing exports of oil, copper and lumber, the
Canadian dollar may reach that rate of exchange for the first
time in 31 years, according to former Canadian Finance Minister
John Manley. Canadian Imperial Bank of Commerce, National Bank
of Canada and State Street Corp. say the currency may become as
valuable as the U.S. dollar within 12 months.
Read more at Bloomberg Currencies News
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