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Canadian dollar at $0.9977US now.

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Originally posted by: dennilfloss
Guess who will make the Monopoly money jokes now? 😉
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Not if you know what's good for you.

We can send a Boy Scout Troop in at any time and overrun you.
 
I'm not really surprised... our dollar has been sinking for quite some time. On the other hand, would be a good time to invest in the dollar (buy low, sell high). I'm sure our dollar will pick back up once Bush is out of office.
 
huh, I didnt know Canadian money was on par with our money 31 years ago, Canada must have really f'd up to get it down to 75 cents per 1 US dollar or perhaps the US had a huge upshoot in their economy 20 years ago. I guess I always assumed the US dollar was worth more than the Canadian dollar and didnt realize it was on par previously.
 
Originally posted by: jandrews
huh, I didnt know Canadian money was on par with our money 31 years ago, Canada must have really f'd up to get it down to 75 cents per 1 US dollar or perhaps the US had a huge upshoot in their economy 20 years ago. I guess I always assumed the US dollar was worth more than the Canadian dollar and didnt realize it was on par previously.
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The Canadian dollar at one time was worth much more than the USD. That was a long long time ago though.

And it went down to 62 cents at its lowest I believe.
 
If it climbs above the 1.00US mark, that's a bad thing. The US is Canada's #1 customer and if the US goes somewhere else because Canada becomes too expensive for exports, Canada's 30 million people are going to have a very screwed economy.
 
Originally posted by: GuideBot
If it climbs above the 1.00US mark, that's a bad thing. The US is Canada's #1 customer and if the US goes somewhere else because Canada becomes too expensive for exports, Canada's 30 million people are going to have a very screwed economy.
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Actually, some parts of our economy will be worse off but others will do better.
 
Crap. Most of our customers are American and all of our costs are in Canadian dollars. 🙁
 
Originally posted by: shinerburke
Originally posted by: dennilfloss
And your national hockey team is a joke too. 😉
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And your only submarine sank
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1 out of 4 ain't bad 🙂 It was a lease to own deal. Just so you know China is not the only country that takes in other people's trash.
 
Originally posted by: sdifox
Originally posted by: shinerburke
Originally posted by: dennilfloss
And your national hockey team is a joke too. 😉
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And your only submarine sank
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Err, that was leased... We don't own that...
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How the lease is structured really makes it a purchase in effect.

It didn't sink though, caught fire on the way over from the UK due to a shoddy electrical system. Didn't think it real nice of the Brits to threaten you with the tow bill especially when one of your sailors was killed in the incident.


 
Originally posted by: GuideBot
If it climbs above the 1.00US mark, that's a bad thing. The US is Canada's #1 customer and if the US goes somewhere else because Canada becomes too expensive for exports, Canada's 30 million people are going to have a very screwed economy.
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...for a little while until the trade routes to Europe and the East develop more. And that's probably a good thing... to not just limit yourself to one customer.
 
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