According to Canada’s business leaders the ideal value of the dollar is 83 cents U.S., the actual value of the dollar last week. Overall, this business panel appears more satisfied with Canada’s current currency value than ever before, with the Federal Government earning its highest performance score for its handling of the loonie.

While many business leaders applaud the higher dollar, they foresee two implications. Respondents say more Canadian business will do their financial planning and forecasting in U.S. dollar and Canada’s export industry will continue to be negatively impacted.

These are the key findings of the web-survey of business leaders for publication in the Financial Post under the sponsorship of BDO Dunwoody and the Canadian Chamber of Commerce.

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