As Canadians, should we really be happy to have our Canadian dollar at par with the US dollar?

Home | Links | Contact Us | Bookmark

Financial Forum Search :

Financial Forum

Business & Finance

Finance Discussion Forum

Advertising & Marketing Corporations Credit Insurance Investing Personal Finance Renting & Real Estate Small Business Taxes Business & Finance

What do i do?

I went out with a boy for about i move and i found out that he moved on without telling me what do I do about that or to him?...

Has anyone seen a ghost if so what did it look like?

...

How do people get stupid???

...

How is calculus used in business?

...

My current wage is ВЈ824.84. I'm having a 8% increase, what's my new wage?

Additional Details
Sorry to everyone, but I'm discalcular!...

Do individuals need to attend a college course to learn?

...

What body part is the hardest to burn?

...

What is the meaning of the code in the triangle on the bottom of plastic containers?

...

What is chris brown's cell phone number?send it to my e-mail?

...

How to convert currency from one country to another?

...

I need money for a gift?

hey how are you guys well heres the deal im rich and i have 2 of my friends graduating high school and i wanna get them over the top gifts the thing is that i dont wanna use my parents money so i ...

How do you deal with friends who procrastinates?

When I let my frind borrow a book, she keeps saying that she will give it back, but it never happened. And she's read the book more than once!...

Does the USPS work Saturdays?

Does the USPS (post office) deliver mail on Saturdays?...

What's the purpose of locking people into a lease for apartments?

Why can't people just move out on their own free will?...

Im from Philippines, what comes first in your mind when you hear Philippines?

im from Philippines, what comes first in your mind when you hear Philippines? i dont care if its negative or positive answer.good day!...

What habit(s) do you wish you could start?

Additional Details
LOL Mac...We'll start YA club for Insomniacs: something tells me we'd have a lot of members gathered here....

A monkey behind the wheel of a runaway tractor trailer, What does this mean to you?

...

What are the rights of a 16 yr old concerning leaving home, and living with who they want?

...

How many fingers am i holding up and its not 4?

...

How to make like 50-60$ in 26 days?

i need to make 50-60 dollars in around 26 days. cuz its my friends birthday and im getting him something expensive. i have gotten all my friends something expensive and i need to give him
...

Souldancer88

As Canadians, should we really be happy to have our Canadian dollar at par with the US dollar?

Some sectors of our society, especially those in the exporting business, are complaining of our appreciating Canadian dollar. While most of the consumers, especially those who likes to shop at the US border, are happy with it. Should we really be happy with it even though this could mean job cutiing for other exporting companies?

Vanka

man it sucks both ways. World is coming to an end.

Bob Sacamano

Consumers shopping in the US whould be happy, but your economy will take a hit as foreign investors will likely opt to invest in the US and/or reduce investment in Canada.

MICHAEL

No... Actually it is hurting canada and europe, because people in the states can't afford the imports from other countries. It is now cheaper for them to purchase at home and are more unlikely to travel for additional expenses.I know, I live in michigan and love canada!

Sephina

yes...there are job cuts anyways! but i don't get why our prices are still so much higher than the US

and when the CND dollar is up like that...shyeah ppl will care about Canada

Trout

For 30 years or so we have had an economy that traded off a weak dollar - It will hurt the manufactureing sector hard

But if you will notice a lot of retailers have decided to ignore the value and continue to charge the same amount on Cdn product and people are complaining

I don't think it is so much that the loonie is making a huge jump upwards as the US dollar is sliding downwards and that may mean we have to jump to find a new consumer of our stuff - perhaps Europe but that may be seen as a provocative move by Washington who has a genuine fear of the Euro replacing the greenback in oil and other commodities -

At the end of the day we end up monkey in the middle again or still I am not sure which

One thing is sure I am not impressed by those in the Cdn retail sector who choose to ignore for profit the ligitimate concerns of Cdn people - Where is the savings on domestic goods big and small ? Corperate greed is apparently not somthing exclusively owned by yankies as we smugly and naively believed

Governments and retailers take note we are not a stupid people and we tend to be quite punitive to those who practice this sort of greed Play with us at your own peril we can will and have in the past taken our wallets elsewhere

Governments that refuse to enforce fair play may be told where the unemployment line up is

I like selling stuff on ebay to Canadians. They always bid higher than the Americans now :)

Fred W

Now it's time for the exporting companies to see what the importers were suffering through.

в™¦justmeв™¦

Tourism will take a hit too. We vacationed there this summer and realized we could have rented a house on the beach at Myrtle beach for a week for the same money, or less, than what we spent at Niagara falls for 3 days.

Sean M

Does anyone really care about Canada? I mean really think about it......nope not really.

mrs. smith

You would be BLESSED to have the Canadian Dollar on par with the US dollar. The Canadian Dollar has NEVER been valued greater than the US Dollar nor is it today.

Friday, October 12, 2007

1 US Dollar = 0.97879 Canadian Dollar

1 Canadian

Dollar (CAD) = 1.02167 US Dollar (USD)

http://www.oanda.com/convert/classic

Nice Goal eh?

Enter Your Message or Comment

User Name:
User Email:
Post a comment: