As Canadian dollar drops, concerns rise for Montana economy

The tumbling value of Canada’s currency has business owners and communities in northern Montana concerned.

Plagued primarily by plummeting oil prices, the Canadian dollar reached its lowest value in six years recently. That means Canadians must spend more on American goods and services.

The Flathead Beacon reports ( http://bit.ly/1zrQFT4) that more than 913,000 Canadians visited Montana annually in recent years, collectively spending $275 million on average.

Full Story: http://www.nbcmontana.com/news/as-canadian-dollar-drops-concerns-rise-for-montana-economy/31037744