Not exact matches
A Royal Bank of Canada report released in early January even suggested that the
benefit of a low dollar for
exporters, coupled with an upswing in the U.S. economy and increased consumer spending in Canada, could offset the economic hit of low
oil prices.
Under the proposal, US export income would be tax free, which could
benefit some energy companies, such as crude
oil exporters.
Still, even Ibsen might concede that it is easier to stand alone when your nation has
benefited from
oil reserves that make it the third - largest
exporter in the world.