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Since the beginning of May, the Canadian dollar has risen more than 10% against the U.S. dollar.While international travel companies and importers may benefit from a stronger loonie, for other industries, it presents a whole host of problems.Here are four stocks you may want to avoid so long as the lo <a href=https://www.stanley-cups.pl>stanley cup</a> onie remains elevated:Fortis Inc. TSX:FTS NYSE:FTS Fortis is an electric and gas utility company that has been making an aggressive push into U.S. markets over the past couple of years.Today, over 50% of Fortis s operation <a href=https://www.cup-stanley.de>stanley isolierkanne</a> s are based south of the border.While normally this would be a good thing as the United States electricity markets are more dynamic and profitable than those in Canada, a stronger loonie means when Fortis repatriates those U.S. earnings back to Canadian headquarters, they simply aren t worth as much in Canadian dollars.Especially in light of Fortis over-extended balance sheet which shows close to $21 billion in debt compared to just $14 billion in share <a href=https://www.stanley1913.com.es>vaso stanley</a> holders

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