Final answer:
The expectation of the Canadian dollar rising against the US dollar would decrease Canadian consumers' demand for American-made products, as anticipated better exchange rates in the future make current US goods appear more expensive.
Step-by-step explanation:
If Canadian consumers expect the value of the Canadian dollar to rise against the US dollar, it would likely lead to a decrease in demand for American-made products. This expectation of appreciation of the Canadian dollar implies that in the near future, each Canadian dollar will be able to buy more U.S. dollars and consequently, products priced in US dollars will effectively become more expensive for Canadians. As goods produced in the United States become less affordable, Canadian consumers will likely reduce their demand for those goods in anticipation of getting a better exchange rate in the future. The purchase power of the stronger Canadian dollar would increase, encouraging Canadians to either save their money for future purchases or spend on local or non-US goods that become relatively cheaper.
By looking at the provided exchange rate figures and how the depreciation of one currency correlates to the appreciation of another, we can see that a stronger Canadian dollar compared to the US dollar would make US goods more expensive in Canadian dollar terms. Therefore, until the actual appreciation takes place, Canadians might restrain from purchasing American products, waiting to get more value for their money later on.