Subscribers

Australia seen having more severe case of "Dutch Disease" than Canada

Toronto

THE currency market is diagnosing Australia with a worse case of "Dutch Disease" than Canada as both commodity-heavy economies suffer the fallout from slumping prices.

After a decade-long boom in raw materials that pushed up their exchange rates, manufacturing in both countries is shrinking and...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes