In the coming years, China will take further steps to enhance its support to African countries, including continuing to provide assistance within its capacity, expanding market access and strengthening cooperation in human resources and tourism. Since it became a member of the African Development Bank in 1985, China has actively supported the work of the Bank.
This is because their impact on Canadian aggregate demand would serve to offset the initial direct changes in global demand for our goods and services. And this would help to keep overall supply and demand in balance. So what can we say about the appreciation of the Canadian dollar?