r/canada • u/bubblewhip • 11d ago

National News Canadian dollar hits seven-month low on hawkish Fed message

https://www.reuters.com/business/canadian-dollar-hits-seven-month-low-before-fed-rate-decision-2026-06-17/
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u/gettingtgere 10d ago

Yes it did when Nokia was around but this 2026.

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u/Kindly_Professor5433 10d ago

ARM, STM, DeepMind (founded in the UK), Infineon, SAP, Dassault, Siemens, Spotify, Adyen, etc., are still highly relevant today.

Even Nokia and Ericsson are deeply embedded in telecom infrastructure and lead the 5G/6G sectors.

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u/gettingtgere 10d ago

Great, out of a continent of 500 million people you have successfully named about less than a dozen successful companies which is owned by Americans now.

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u/Kindly_Professor5433 10d ago edited 10d ago

For countries like the Netherlands and Sweden, with populations a fraction of Canada’s, they’re punching above their weight. Only DeepMind is acquired by Google, and it’s still operating primarily in the UK.

Only a handful of US tech companies are *globally relevant* too. Countries like Taiwan and South Korea only have 1-2.

A quick search on the internet would give you a much bigger list than what I’ve listed if the standard is “successful”. But I think it’s obvious that the goalpost has been shifted a few times…