I have no doubt that the dollar will fall to 70 cents. As long as we have the same people at the Bank of Canada we will have a declining dollar. Poloz and his colleagues seem determined to inflate asset bubbles in this country with low interest rates until they burst. The damage these supposedly intelligent folks are doing to the economy is scary, punishing savers  and rewarding spendthrifts who are buying everything in sight at inflated prices. The amount of debt held by Canadians now exceeds the GDP of the whole country. 
 Add in the public debt, which the federal government is driving through the roof (Ontario is in a league of their own, a public debt disaster) and you have quite a mess. 
 Mr. Poloz is desperately trying to make our unproductive industries competitive with an artificially low dollar. It isn't working. We still have a sizable trade deficit and export volumes are shrinking not growing.
 Someone in Ottawa needs to grow a pair and change these failed policies.