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The USD/CAN goes past 1.0000

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Triple_Strum
Posts: 6382 - Karma: 946

Meaning, as of this second (of course it can fluctuate up or down) the Canadian dollar is more valuable than the U.S. dollar.  You Canadians and your oil and metals! :)

Apr 6 2010 4:54AM
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mtaylor
Posts: 152 - Karma: 10
I always feel so rich when I go to the states because i end up with a bunch of dollar bills in my usually empty wallet.
Apr 6 2010 11:52PM
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NW_Rider
Posts: 2580 - Karma: 314
Thanks a ton man! I've read some stuff about Ireland, and yeah ever since they changed their tax structure and really made themselves competitive for entrepreneurs to set up shop, they have had more people moving to Ireland than leaving for the first time in decades. I'll check out more about Spain though, the point of my paper is to predict something that will happen, whether it is correct or not is not too big of an issue as long as my argument is well constructed and I have solid reasoning and information as to why it may happen. Thanks though!
Apr 7 2010 12:58AM
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PASKIINGSUCKS
Posts: 9097 - Karma: 777
Yes it happened just recently, but way back they were dead even with us before dropping off bigtime for a few decades there.
Apr 7 2010 8:12AM
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neutralzombie
Posts: 8629 - Karma: 606
wawawewa
Apr 7 2010 8:14AM
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TheBigD
Posts: 250 - Karma: 10
this really isn't news, the canadian dollar surpassed the USD in 08?, only for a short time but it hasn't fluxuated greatly since then, in comparison to when Canadian currency was worth something like $.60 to every american dollar.
will this change anything? No, tourism has suffered greatly in the last couple years and Vancouver will still offer great tax breaks for film companies, Canadians still pay wayyyy more for goods, and cars are a prime example of this, it will take years until the two currencies are really considered "par".

The other important thing to realize is that, it's generally not that canadian currency is rising, but american currency decreasing, soon both will be compared to the stronger and more stable euro.
Apr 7 2010 11:20AM
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feihlination
Posts: 8356 - Karma: 1,084
we have a winner

Click for larger image
Click for larger image

main reason being the different coin sets of every country. as badass as it gets. i have a almost complete collection.
Apr 7 2010 11:45AM
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