I don't mean it as some expression of hegemony or to demean Canada, it's just that USD is one of the major global reserve currencies, and a large percentage of international trade is conducted in USD. If it's your opinion that it has depreciated less against the other currencies that are commonly used in trade, I'm happy to hear about that. Given a depreciation against the trade currencies, I'd expect a large number of imports to get more expensive nominally, including many necessities like clothing. Maybe this isn't the case, and if it's not, I'd be very interested to hear why.
