Friday, January 8, 2016

Moose Jaw Times-Herald: The 'trickledown effect' of the low loonie

Moose Jaw chamber CEO says creativity is needed is these economic circumstances
Rona will be opening a location in Moose Jaw in spring 2016.
Lisa Goudy/Times-Herald

By Lisa Goudy

With the loonie in rough shape, Moose Jaw and District Chamber of Commerce CEO Rob Clark believes novelty is key.

"Everybody has to watch what they're spending and what they're doing and be somewhat innovative and creative in their business and personalize," he said. "Patience is key. Ride it out the best you can."

According to the Canadian Press, as of Thursday, the Canadian dollar closed at its lowest point against the U.S. greenback since July 2003.

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