And the Canadian dollar keeps climbing.

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mrrman

Diamond Member
Feb 8, 2004
8,497
3
0
Originally posted by: Dean
The Canadian Dollar being strong against the U.S. Dollar is a bad thing. Someone said earlier that we export raw materials. 90% of those raw materials are to the United States!!

When our dollar was weak, our exports represented a good buy. Now to compete, we will need to lower prices. U.S manufacturers now become a good buy

We are heavily dependent on the U.S. for the strength of our economy. Give it a little time and we will slide down with them.

It all depends on how you look at it...personally I think its great as a consumer. A friend in Canada priced out a brand new Nissan truck, its came to $56K CDN..he then contacted a dealer in Seattle WA, 2.5 hours away and the price he got from them list was $40K. He saved $16K and the dealer is doing all the paperwork for him to get it across the border. That will cost a few hundred $$ more. As long as the vehicles are listed on Transports Canada website, they can be imported without any hassles. My friend at work is looking at the Audi, its a savings of $40K. This is how I will buy my next vehicle.
 

NoShangriLa

Golden Member
Sep 3, 2006
1,652
0
0
Originally posted by: Dean
The Canadian Dollar being strong against the U.S. Dollar is a bad thing. Someone said earlier that we export raw materials. 90% of those raw materials are to the United States!!

When our dollar was weak, our exports represented a good buy. Now to compete, we will need to lower prices. U.S manufacturers now become a good buy

We are heavily dependent on the U.S. for the strength of our economy. Give it a little time and we will slide down with them.
I wouldn't sweat it because most of the raw material contracts are signed long before the CAD gotten this high vs. the USD therefore Amerian/Canadian have to honor the contract price.

The US also consume mass quantity amount of gas & oil that they must pay for it despite the price increase.

Another factor is that Canadian have been diverting our market and trade significantly with Asia, therefore the USD depression isn't going to affect Canadian as much as the fear.

Housing & retail sales remain strong is a good indication that the consumer confident remain strong in Canada.

 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
Damn, now i can't afford my monthly supply of Moose and Beaver pelts! :p :D

Seriously, that sucks though, i love going to Toronto and living like a king with a mighty dollar. Now i'm less inclined to go to Canada for vacation :(
 

Pepsi90919

Lifer
Oct 9, 1999
25,162
1
81
Originally posted by: Phokus
Damn, now i can't afford my monthly supply of Moose and Beaver pelts! :p :D

Seriously, that sucks though, i love going to Toronto and living like a king with a mighty dollar. Now i'm less inclined to go to Canada for vacation :(

yay less americans on the roads
 

Linflas

Lifer
Jan 30, 2001
15,395
78
91
Funny the US-Canadian dollars were at parity the first couple of times I visited Canada back in the 1970's and the sky wasn't falling then either.
 

sandorski

No Lifer
Oct 10, 1999
70,825
6,374
126
Originally posted by: JulesMaximus
Originally posted by: sandorski
Won't be long until I'll roll my pennies then Buy AT. Might keep the Anandtech name, but then again Sandorskitech kinda rolls off the tongue. So I'm torn. :p :D

Can you change the forums back to the way they were after you complete the buyout?

I will consider it.