Loonie is down 7% since April 2016.
Since everything can be priced in $US...(oil,gold etc)...you could say that current TSX gains (in $C) are nothing more than Fx gains.
Look at BCE on NYSE...flat lined x 3 years,while the $US is up 20%
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This could apply to our real estate too...as it seems a lot of customers are non Canadians.
We have turned into a giant Dollarama.......well done Canada.