# Greater pricing power to help Canadian exporters withstand loonie surge | Financial Post

> Canadian exporters may be able to pass higher costs from a stronger loonie on to customers, according to Export Development Canada's chief economist. The Canadian dollar was trading near a six-year high against the U.S. dollar and had been the top-performing G10 currency this year. Shortages of goods from supply chain disruptions are helping firms raise prices.

- Date: 2021-06-11 · published 2021-06-11T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/46839-greater-pricing-power-to-help-canadian-exporters-withstand-loonie-surge
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A stronger loonie lowers the Canadian-dollar cost of U.S.-priced imports, which eases feed input costs for Canadian buyers. Exporter pricing power limits the damage to Canadian trade flows, so the currency is likely to stay firm.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/greater-pricing-power-to-help-canadian-exporters-withstand-loonie-surge-3

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.