Q3 earnings FX gains / losses
Source – 2020 Q2 Earnings:_
net earnings per share from other income (loss) quarter over quarter. This unfavourable impact resulted from the Company’s $72.8 million of non-cash, foreign exchange losses in Q2 2020, which compared to non- cash, foreign exchange gains in Q1 2020 of $72.9 million, reflecting a significant weakening of the Canadian and Australian dollars against the US dollar during the first three months of the year.
In Q3, the FX losses / Gains could again have a significant effect on earnings in Q3?