January 22, 2013 / 2:10 PM / 5 years ago

Days of weak Canadian dollar are over -Canada industry minister

* Industry needs to innovate, not rely on cheap Canadian dollar

* Minister touring Germany to learn about innovation

OTTAWA, Jan 22 (Reuters) - Canadian businesses need to innovate and boost productivity and not hope for a return to a weak Canadian dollar, Industry Minister Christian Paradis told Reuters on Tuesday.

“The days where people were hoping to have a Canadian dollar with a low currency rate - I think this is over. We have definitely to tackle the issue of innovation and productivity,” Paradis said by phone.

He is touring Germany to promote Canada as a place to invest and to learn how German industry innovates.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below