Dutch Disease

Dutch disease: Federal politicians have argued over Dutch disease as part of the debate surrounding Canada's oilsands and whether development should be slowed, according to CBC. That can in turn cause layoffs in the manufacturing sector, the theory holds and The concept behind "Dutch disease" the idea that a resource boom is bad for the manufacturing sector is entirely wrong, economist Stephen Gordon argues in a new report. The argument says that a resource boom like the one seen in the oilsands drives up the value of the currency, making exports more expensive for customers outside of Canada and costing manufacturers some of their business. (www.immigrantscanada.com). As reported in the news.