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Old 09-20-2007, 04:22 PM   #1 (permalink)
Charlatan
Getting it.
 
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Location: Lion City
Canada: C$1 = US$1

Some said it would never happen but here we are looking at a Canadian dollar that is on par with the US dollar (and all signs indicate it will continue to grow).

The combination of high oil prices, high gold prices and the US Fed cutting interest rates caused the fall of the US dollar and the rise of the Canadian.

In my former business as an exporter, this sort of news was not good news. I did most of my business in US$ and when I brought those home to Canada they were worth quite a bit.

I just wanted to get some of the Canadians to chime in with how this is effecting you. I'd also be interested in hearing what if any impact this will have on Americans here (even if it's just a blow to your collective egos )
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