Coyne: A sliding dollar is part of the federal government’s policy and, thus, the Bank of Canada’s

Since May 3, when Stephen Poloz’s appointment as Bank of Canada governor was announced, the dollar has fallen nine full cents against its U.S. counterpart. Since Oct. 23, when the governor formally disavowed the bank’s previous policy “bias” toward raising interest rates when economic conditions warranted, it has fallen more than seven cents.

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