Go CANADA Go!!!

[silverpig]

Yay!!!


I really hope this trend continues, as it'll be much more economical to buy things from the USA. It seems as though everything here is so damned expensive compared to the US (computer parts, autos etc...) If the dollars even out then it'll benefit both countries

 

[CrazyPerson]

 

[Howard]

Originally posted by: silverpig
Yay!!!


I really hope this trend continues, as it'll be much more economical to buy things from the USA. It seems as though everything here is so damned expensive compared to the US (computer parts, autos etc...) If the dollars even out then it'll benefit both countries

The more our dollar is worth the less we'll export to the US?

 

[silverpig]

Yeah yeah... there's a whole ton of other economic implications that I have no idea about... I just know it means cheaper stuff for me

 

[bigshot]

Canada rules...USA sucks.

 

[PowerMacG5]

That graph can be interpreted three ways. 1) Our dollar is becoming more valuable, 2) The Canadian dollar is becoming less valuable. , or 3) A combination of both.

 

[Looney]

bah, you got me excited... it's been hovering at the same level for 2-3 months now

 

[Looney]

Originally posted by: KraziKid
That graph can be interpreted three ways. 1) Our dollar is becoming more valuable, 2) The Canadian dollar is becoming less valuable. , or 3) A combination of both.

Well yeah, if you DON'T know how to read a graph properly.

 

[Feldenak]

Originally posted by: bigshot
Canada rules...USA sucks.

Brilliant insight there Sparky.

 

[bigshot]

Originally posted by: Feldenak

Originally posted by: bigshot
Canada rules...USA sucks.

Brilliant insight there Sparky.

Hey im telling the truth..heh

 

[dighn]

Originally posted by: Feldenak

Originally posted by: bigshot
Canada rules...USA sucks.

Brilliant insight there Sparky.

you see ton of remarks like that, just the other way around. i don't see many ppl complaining there.

 

[dighn]

BUY LOW SELL HIGH

 

[silverpig]

Originally posted by: KraziKid
That graph can be interpreted three ways. 1) Our dollar is becoming more valuable, 2) The Canadian dollar is becoming less valuable. , or 3) A combination of both.

You got that all backwards man. The cdn dollar was worth ~63 cents US early on in the year. It's now worth almost 75 cents US.


Cdn dollar up, US dollar down, combination of both.

 

[silverpig]

Originally posted by: Moralpanic
bah, you got me excited... it's been hovering at the same level for 2-3 months now

Okay, you really need to learn to read graphs. The biggest increases in value have been in the past 2-3 months. Just by eyeballing that graph, 3 months ago the cdn dollar was at ~68 cents, now it's just shy of 75.

 

[dighn]

Originally posted by: Moralpanic

Originally posted by: KraziKid
That graph can be interpreted three ways. 1) Our dollar is becoming more valuable, 2) The Canadian dollar is becoming less valuable. , or 3) A combination of both.

Well yeah, if you DON'T know how to read a graph properly.

yes he sucks at the graph

 

[Looney]

Originally posted by: silverpig

Originally posted by: Moralpanic
bah, you got me excited... it's been hovering at the same level for 2-3 months now

Okay, you really need to learn to read graphs. The biggest increases in value have been in the past 2-3 months. Just by eyeballing that graph, 3 months ago the cdn dollar was at ~68 cents, now it's just shy of 75.

Still, it's been stable for about 3 weeks. Just my sense of time is messed up. I've been following this extremely closely for weeks because i've been doing a lot of business through paypal lately

 

[clicknext]

It could have a very negative impact on many parts of the Canadian economy.

 

[Looney]

Originally posted by: clicknext
It could have a very negative impact on many parts of the Canadian economy.

How so?

 

[Vickas]

Anyone consider that it's both ways? The Euro's been goin up just like our Dollar. So either just the US Dollar is decreasing in value, or a combination of that and our dollar increasing.

Not that which ever one it is makes much difference affecting our economies.....

 

[Looney]

It's the depreciation of the US dollar.

 

[silverpig]

Originally posted by: Vickas
Anyone consider that it's both ways? The Euro's been goin up just like our Dollar. So either just the US Dollar is decreasing in value, or a combination of that and our dollar increasing.

Not that which ever one it is makes much difference affecting our economies.....

It's mostly the US dollar going down. That site has plenty of graphs of comparisons of the different currencies. Over the past 6 months or so the cdn dollar has gained pretty big against the US, has gained a moderate amount on the brit pound and has stayed about the same against the euro. The USD has pretty much declined against everything.

It's basically, cdn dollar up on world average a decent amount, USD down on world average quite a bit.

 

[Aquaman]

I are happy

Cheers,
Aquaman

 

[Saltin]

The American dollar has been performing poorly as of late. It has very little to do with the Canadian Dollar increasing in value.

You should also be aware that the (previously) low Canadian Dollar was a boon to some Canadian businesses... especially ones that did business with American companies and got paid in American dollars.

You should also consider that Canadian manufactured goods were cheaper to buy than American for American companies...

Hollywood likes to shoot alot of movies in Toronto / BC as well, mainly b/c it was dirt cheap to do so. It's more expensive now....

Yay Canada maybe.... maybe not too...

 

[Aquaman]

Originally posted by: Saltin
The American dollar has been performing poorly as of late. It has very little to do with the Canadian Dollar increasing in value.

You should also be aware that the (previously) low Canadian Dollar was a boon to some Canadian businesses... especially ones that did business with American companies and got paid in American dollars.

You should also consider that Canadian manufactured goods were cheaper to buy than American for American companies...

Hollywood likes to shoot alot of movies in Toronto / BC as well, mainly b/c it was dirt cheap to do so. It's more expensive now....

Yay Canada maybe.... maybe not too...

I still are happy

Cheers,
Aquaman

 

[Aquaman]

One good thing is that it will help our Canadian Hockey Teams

Go Canucks Go !!!

Cheers,
Aquaman