Damn Canadian Dollar! Come on GreenBack - Get Your Act Together!

[whitebark]

The Canadian dollar is peaking over .92 cents American as of late. It certainly hurts those of us being paid in Yankee dollars - it was .87 just a few months back and high .70s last year. The Bank of Canada is predicting parity - or worse the Canadian dollar being worth more by this time next year!

I'm sure those in Europe and Japan are also seeing their profits dwindle away each time the greenback dips.

Of course there is the flip-side - it's cheaper to convert our money to U.S. when buying goods/services etc in U.S. dollars.

But still... come on George, i know being president is a hard job as you say, but think of us poor Canadians! LOL

Next summer I'll be demanding payment via paypal in Canadian dollars! Who would of thought!

 

[mis_chiff]

:lol:

I know what you mean!
I liked watching my $100 US check convert to $134 CDN.

Now I'll owe them money :bah:

 

[whitebark]

:lol:

I know what you mean!
I liked watching my $100 US check convert to $134 CDN.

Now I'll owe them money :bah:

Yeah I know what you mean, I just got paid my adsense deposits - what a rip-off - .07 cents on the dollar - Ouch!

 

[commes]

Well the goodside is that were getting a stronger economy lol!

 

[whitebark]

Well the goodside is that were getting a stronger economy lol!

And that's the odd thing at this point - it should be slowing down our economy as they purchase almost all of our exports!


Oh almost forgot one other good thing - I live 5 minutes from the border - it's much cheaper for me to buy my gas down there. So I guess it's okay if ol'George takes a while to get on to the sinking dollar. :tu:

 

[whitebark]

Argh - transfered more money today and I see:
1 U.S. Dollar = 1.04438 Canadian Dollars

 

[kwan]

My sister in Florida opened a bank account in the US for me. When the euro drops back to $1 (right now $1.35) I'll exchange it.

Or spend it all in Vegas which ever comes first

 

[iNod]

Nows the time for some major Forex to go on I am so glad our economy is finally picking up.. Sad thing is US isn't moving anywhere ELECTION TIME!

- Steve

 

[CrazyTech]

Ah you've got about 6-7 months before the real election crap kicks in.

The dollar is weak itself here in the US.

 

[iNod]

Holly molly.. It is atmost at 94 cents :O it is almost par and every day it continues to rise :O

- Steve

 

[commes]

Holly molly.. It is atmost at 94 cents :O it is almost par and every day it continues to rise :O

- Steve

Well this answers your post :lol:

http://www.canada.com/nationalpost/...=b15106f6-b3db-4e1d-a882-94edc20f0dc6&k=15126

Seems it's about ready to compete big time with the USD!
-Commes

 

[Skinny]

I hate this too.

Great when I do design jobs for $150 and they turn into $165 or more.

Skinny

 

[iNod]

Jesus crist.. It is at 94 cents today.. Thats almost one cent a day since Wednesday..

"Goes and buys a pile of stuff on eBay".

Economy wise, this is good Me wise, this is good.. Actually? It probably isn't good.

- Steve

 

[RazorNF]

An interesting thing was pointed out in the media the past few days - despite the rise of the Canadian dollar, consumers aren't seeing all the benefits they should be.

We're actually getting ripped off right now on things like books, magazines, greeting cards, and anything else that have us&can price preprinted on it. For those of you in border towns, an extra incentive for cross-border shopping...

 

[RazorNF]

Just made a withdrawal out of my paypal account:

1 U.S. Dollar = 1.03407 Canadian Dollars