The Canadian Dollar vs. The American Dollar

It was 31 years ago when the Cdn was equal or better than the US Dollar. The reason why it happened back than was the the US was printing up money to help pay for the war in Vietnam which the US had just ended. Also, it was a tight time for the US Economy due to the energy crisis over the early 1970s. In order for Canada to allow their exports to increase to the US, the Cdn Government ordered to print bills to weaken our dollar. Hence the reason why the CDN dollar was about 30% exchange for the longest time and as low as 61 cents about 6 - 7 years ago.

Jam it back in, in the dark.

Yes, Canada exports lots of oil. Hence the reason Alberta has lots of dough.

There's nowhere I can't reach.

Originally Posted by Angel Of Light

Hence the reason why I'm working in Alberta despite everything being way too expensive up here and being away from the love of my life for three months at a time. I guess thats what happens when your in a province with no provincial debt and more employment opportunities than you can shake a stick at.

It doesn't really matter the majority of the money I make goes back home to Newfoundland to help pay for the bills and my upcoming wedding this summer.

Why pay 500,000 - 750,000 for a house up here when I already got the same house back home for 150,000.

In terms of the canadian dollar, my fiance is making great use of it, she managed to get all of our christmas shopping done online for all of our friends and relatives for a little over $200.00.

Hopefully we can get some great video game collectibles before the canadian dollar starts to decline again.

Good to hear things are still going well with you and your fiancee. I remember you mentioned about getting married this coming summer.

I haven't had the chance to chat with you on MSN in a while.

But yeah, I got a cousin out in Alberta and he is making good money, but I think he is going to stay out there. Good for him.

I am actually more nervous about American travellers into my area at Lake of the Woods now that the Cdn Dollar is high... I am also worried about the driving issue for passports that goes into effect for Americans next summer.

This thing is sticky, and I don't like it. I don't appreciate it.