As seen in the above graph $1 has lost over 95% of it’s value in Canada and continues to decline year over year. It might be hard to see the current year devaluation due to the small value of a dollar left. In 2022 the Canadian dollar had devalued to $0.03 when compared to 1914. This devaluation means a person needs to earn $33.33/hour to be equivalent to $1/hour in 1914.
While the above change in value of each dollar shows just how much our leaders have crashed our currency. Yes it is the governments fault as they are the sole controllers and largest spenders and debt holder in the nation.
If we could reduce the control government has over the money supply and reduce the dollars in circulation this would help our dollar recover. In order for this to be achieved we would have to push our leaders to give up control and stop CBDCs.
So if you are mad that our governments massive debts and huge spending is jeopardizing our currency you should be questioning your MP about their plan to fight the devaluation of currency and inflation.