The news: Our condolences to compulsive cross-border shoppers. The Canadian dollar fell to just under 80 cents US on Wednesday—its lowest drop in six years. A few factors are to blame for our current currency slump: for one, the American Federal Reserve recently announced it will hold off on hiking interest rates barely a week after the Bank of Canada caught everyone off guard with a surprise rate cut. (Economists say this discrepancy works in America’s favour.) And should the price of crude oil continue to fall, finance experts predict the loonie could sink below the 75-cent mark. Yeesh.
The dish: A couple of cheap and cheerful money-themed side dishes. Our creamy Yukon Gold potatoes and buttery carrot coins are the perfect accompaniment to a nice steak. Get the recipe here.