Question
Yes, when there is increased investment by foreigners, the demand for Canadian dollars rises relative to supply, causing the Canadian dollar to appreciate in value.
Yes, when there is increased investment by foreigners, the demand for Canadian dollars rises relative to supply, causing the Canadian dollar to appreciate in value. How much of Canadian real estate is owned by foreigners and what taxes do they pay when they own real estate in Canada?
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
