- Jul 29, 2001
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The more our dollar is worth the less we'll export to the US?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
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.
Originally posted by: bigshot
Canada rules...USA sucks.
Originally posted by: Feldenak
Originally posted by: bigshot
Canada rules...USA sucks.
Brilliant insight there Sparky.
Originally posted by: Feldenak
Originally posted by: bigshot
Canada rules...USA sucks.
Brilliant insight there Sparky.
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.
Originally posted by: Moralpanic
bah, you got me excited... it's been hovering at the same level for 2-3 months now
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.
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.
Originally posted by: clicknext
It could have a very negative impact on many parts of the Canadian economy.
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.....
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...