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.
