The Canadian Dollar vs. The American Dollar

After much climbing (and falling, depending on your currency), the Canadian dollar has at long last passed the American Dollar. As of now, one Canadian Dollar = 1.00140 US Dollars. For eBayers, this is good. However, it can cause more complex issues related to international trade.

I'm not sure when the Canadian dollar was closest to the American Dollar, nor by how much. I'm also not an economist, so I don't know all of the reasons for this, but I know America's intense international debt is a factor. What are your thoughts on the issue?

Jam it back in, in the dark.

Originally Posted by knkwzrd

The thing that's really bullshit is that the cost of books in Canada compared to the US is at least a 40% markup still. They drove it way up in the late eighties when the dollar was at it's lowest and they've never evened it out. So, a book that costs $14 in the states usually costs about $21 here. It's even more ridiculous with textbooks.

Yeah, the same sorta thing with magazine subscriptions. For example, I saw one the other day where one issue for Americans was $5.00 USD, but for Canadians it's $20.00 USD. What gives?

There's nowhere I can't reach.

Yeah we're all capable of looking that up, thanks.

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