Psssssssssssst did I just hear that the Canadian dollar

[malaise]

is now worth more than the US dollar?

http://fx.sauder.ubc.ca/today.html

[KurtNYC]

1. rises withoil and grain prices n/t

[Warpy]

2. That's nothing particularly remarkable. It's stayed close to parity

for a long time and has flipped in terms of value a couple of times before now, if galloping dementia is allowing me to remember correctly.

Canadian quarters still won't work at the laundromat.

[Art_from_Ark]

29. Canadian quarters are pure nickel, so they are magnetic

and are thus automatically rejected by US coin-operated machines.

[ejpoeta]

3. canadian dollar has been worth more than our dollar for some time now.

we get canadians in buffalo for shopping all the time because of it. i remember when our money was worth more when we used to go up to canada all the time many years ago. sadly, theirs has been worth more for some time now.

[malaise]

6. Maybe I've been in the dark but I just heard them discussing it on radio

as if it were news.
http://www.rttnews.com/Content/CanadianNews.aspx?Node=B1&Id=1579478

[ejpoeta]

18. it goes back and forth, but last i knew the canadian dollar was worth more.

i live near buffalo and canadians come over to get good deals all the time and they talk about it on the news around here. they're just jealous. when the dollar is up then people go over to canada to get a good deal.

[A Simple Game]

22. The same here in Northern New York. nt

[treestar]

26. Not sad for them

It would be good for our industry if they come down for the bargains.

[abelenkpe]

It was briefly a couple years ago

again??

[Amonester]

4. Old news,

You're lucky this is not the LBN forum. :pals:

[malaise]

7. LOL

:rofl:

[bbinacan]

5. With our debt,

I wouldn't be surprised.

[Amonester]

10. It's the price of oil (partly)

The Cdn debt is relatively proportional.

[bbinacan]

16. But Canada is

reducing their debt. We aren't.

[Art_from_Ark]

32. Also metal ores

Canada has a lot of metal minerals that have been benefitting from high market prices. For example, one of Canada's main metals, nickel, is now worth so much that the nickel in a Canadian nickel is worth more than the coin's face value.

[Skink]

8. The oil sand dollar.

[jdlh8894]

20. Can I trade my Sand Dollars for oil? I might be rich!! eom

[Canuckistanian]

9. Has been for aboot a month

Oops. Did I just say "aboot"?

[malaise]

11. Didn't know

Wow - you commies with your socialist health care plan - how dare you!!! :evilgrin:

[Amonester]

14. Borrowed money (in part) for SPHC, backed (in part) by oil exports.

U.S. = Borrowed money (in part) for.... endless wars and super-rich Ruling class tax-free heavens.

:evilfrown:



:pals:

[underpants]

25. Well you know they are a very efficient people - they put on third down

Plus the found some use for Doug Flutie (other than campaigning for Scott Brown)

http://www.youtube.com/watch?v=it4jhiQClS4

[suffragette]

31. I think you did, eh.

;-)

[ClarkUSA]

12. It's been that way for awhile. This favors US goods exports which brings down our deficit.

[trof]

13. That's just one reason I invested in Canadian stocks.

:-)

[indepat]

15. When in Niagara Falls, Ontario, about seven years ago, the Canadian dollar was in the low $1.30s to

the US $1.00. Amazing the havoc perpetual pre-emptive wars, grossly irresponsible fiscal policies, and grossly unfair tax policies can wreak on a nation, its economy, and its currency: thank God junior's reign is over. :patriot:

Edit to issert can for an and

[elocs]

17. When I was in Canada 10 years ago their dollar was worth about 65 cents of the U.S. dollar.

That's a big change in ten years.

[malaise]

23. Indeed

They actually operate conservative banks and don't spend gazillions on wars.

[riverbendviewgal]

19. The change has been for a few weeks now.

It was nice for my vacation in Florida in February and March.

When I moved to Canada in August 1969 the Cdn dollar was 14 cents more than than the US dollar.
It was sad when it went lower than the US dollar - as low as 45 cents lower. I didn't vacation those years.

It is nice to have more bang for my buck.

[al_liberal]

21. Yep, they've reversed the prices on printed material.

Now it says $5 US, $4.25 Canada.

Tongue in cheek.

[malaise]

24. LOL

Welcome to DU :hi:

[Fool Count]

27. Same is also true for the Australian dollar.

And it was worth only 65 cents just two years ago.

[roamer65]

28. The Australian dollar is worth more than ours now, too.

[WatsonT]

30. But they still have to pay more for books!

Suckers.

[SidDithers]

33. It has been for a couple of months now...

As the price of oil goes, so goes the $CDN.

It's good for me, but bad for Canadian industry that exports to the US.

Sid