Dollar tops 94 cents US
- Thread starter LaCreme
- Start date
oh la la that thing is crazy..
dose anyone now the impact if canada as stronger dollar?
There's an article in today's paper about how we're getting gouged by publishers because our books and magazines are still selling at a higher exchange rate.
http://www.canada.com/edmontonjourn....html?id=badb9620-0ae4-4ffb-8b54-fe1712ffd63e
Just the usual common sense-ish things:
* travel to U.S. will be cheaper
* goods from the U.S. will be cheaper
* less foreign companies moving to Canada because of high labour costs
* Canadian businesses less attractive as takeover targets
* Canadian exporters make less money (I'm hoping this will cool the Alberta economy)
* Canadian importers save money
* gas SHOULD get cheaper but probably won't
It won't cool Alberta for the simple reason that they are exporting OIL. If you compare buying oil from Alberta with shipping it over from a war zone...
Also oil is traded in $US so it won't hurt much.
But, southern Ontario manufacturing ridings on the other hand, are up the shitter without any TP..
Of course, they all voted liberal in the last election, so fuckem
this one is tricky.. one side is a written price on a cover and the second side is the money exchange.
if somebody here is in favor of the money exchange "hey that is not fair for canadian". i am in favor of canadian to be winner . dont mean to offen American but i go for my flag!
Oregon no sales tax
Shopping with a strong Canadian dollar in Oregon where there is no State sales tax was really fun. Going to the factory outlet stores, paying with a $20 bill for an item marked $19.95 at the register and getting change back was a weird felling.
Nookie
Shopping with a strong Canadian dollar in Oregon where there is no State sales tax was really fun. Going to the factory outlet stores, paying with a $20 bill for an item marked $19.95 at the register and getting change back was a weird felling.
Nookie
the shopping was a side trip to a weekend to visit friends. I agree, the price of gas and the 5-6 hour drive to Portland specifically to shop for a day is nuts.
Nookie
i was in the us last time allowed was jan 2007 end of the mouth.
dude. i was there.. all price looked great. but on my visa the reality came out with the rate exchange.. so right now is a better time because the rate change is almost even.
I thought one goes to Oregon to peruse the amazing number of strip clubs in that state. The HotBody brand started there after all.
what make a rich country? is that the way to go? or we all fucked anyway?
if you look at spain they where rich but all the money got out the country. that is no good.. i rather pay a fews dollar more and be pride to say hey that thing is made in canada.
Canada has always been a shadow of the US,sure we have Canadian products,contents and sports or actors...But were it needs to sell more and get more money everyone goes to south of the border.
The Canadian currency should be at par or a difference of IMO of 3cents.We just pay abit more for with the GST.LOL
The Canadian currency should be at par or a difference of IMO of 3cents.We just pay abit more for with the GST.LOL
Princess, I'm not 100% sure I understand your question, but I'll take a guess.
Oh, and it helps our Canadian NHL teams to keep our best players
Overall, there's good points and there's bad points, but I figure that there's a lot more countries in this world with a weak currency and very few with a strong one, so philosophically I like a strong currency.
Hope that helps!
The wealth of a country is determined by the value of the goods and services they sell, and is represented by money. Each dollar is a very small piece of the pie, the pie being the Canadian economy. If our dollar goes up, that means either the pie got bigger (the Canadian economy grows) or the number of pieces got smaller (interest rates go up = more people saving money = less money in circulation).
I think Jay Leno said, "I've been rich and I've been poor, and it's much better to be rich."
Well, just because a country is rich, doesn't mean everyone gets richer. A lot of times what happens is that the rich get richer and the poor get poorer. I'm seeing that in Alberta right now, which is why I'm hoping the Alberta economy cools down some. The people in the oil industry are making lots of money, which drives up the price of everything, but not everyone is getting pay raises to offset the inflation. Also, money attracts criminals like flies to a corpse.
If you are asking how does a strong dollar affect Canada from a nationalist point of view, I think overall it's a good thing. A few years ago when the Canadian dollar was only worth about $0.60 US, one of my friends out east said all the nice houses in Atlantic Canada were being bought up by Americans. Canada was also having a lot of our companies being bought out by American companies because they were so cheap. A strong dollar prevents that to a point.
Oh, and it helps our Canadian NHL teams to keep our best players
Overall, there's good points and there's bad points, but I figure that there's a lot more countries in this world with a weak currency and very few with a strong one, so philosophically I like a strong currency.
Hope that helps!
that is going to change. right now Prince Harry of gale is with our Canadian Army troop in calgary.. it might affect our economy in a positive side too.
the house pricy wont change maybe more money will be in circulation and then more money for people like me and you to safe. with a stronger dollar .travelling will be more fun. is like saving more.
yes very much thanks.. Awesome bed time story for mePrincess, I'm not 100% sure I understand your question, but I'll take a guess.
The wealth of a country is determined by the value of the goods and services they sell, and is represented by money. Each dollar is a very small piece of the pie, the pie being the Canadian economy. If our dollar goes up, that means either the pie got bigger (the Canadian economy grows) or the number of pieces got smaller (interest rates go up = more people saving money = less money in circulation).
I think Jay Leno said, "I've been rich and I've been poor, and it's much better to be rich."
Well, just because a country is rich, doesn't mean everyone gets richer. A lot of times what happens is that the rich get richer and the poor get poorer. I'm seeing that in Alberta right now, which is why I'm hoping the Alberta economy cools down some. The people in the oil industry are making lots of money, which drives up the price of everything, but not everyone is getting pay raises to offset the inflation. Also, money attracts criminals like flies to a corpse.
If you are asking how does a strong dollar affect Canada from a nationalist point of view, I think overall it's a good thing. A few years ago when the Canadian dollar was only worth about $0.60 US, one of my friends out east said all the nice houses in Atlantic Canada were being bought up by Americans. Canada was also having a lot of our companies being bought out by American companies because they were so cheap. A strong dollar prevents that to a point.
Oh, and it helps our Canadian NHL teams to keep our best players
Overall, there's good points and there's bad points, but I figure that there's a lot more countries in this world with a weak currency and very few with a strong one, so philosophically I like a strong currency.
Hope that helps!
i like the way you write . it did put me in a very cool and warm state of mind, Jay leno is right. money money i love you money. is always a pleasure to watch Canadian NHL play
