Enter custom title (optional)
This topic is locked
Last reply was
1.6k

The Canuck buck has been trading at 95 cents US this morning.

Report
1

Good news indeed if you are travelling or cross border shopping.
Terrible new if you are a Canadian manufacturer or have any connection to an industry that exports.

Report
2

good news if you are traveling to the US, otherwise it's meaningless.

Our dollar isn't getting stronger - the US dollar is getting weaker. Other than allowing Canadians to drive down south to buy cheap goods at Walmart it is generally a negative thing for most of the country.


The boy with the filthy laugh
Report
3

I loonie buys 1.12 ozzy dollars. Im assuming most of Canadas resource sector trades in the green back, so Jumping Jack Flash has a good point.

Report
4

The Canadian dollar is the only major currency rising against the price of gold..... so go buy gold!

Report
5

It totally sucks for those of us in the film business.

Report
6

It sucks for me, being in manufaturing and all.
My job will go to Mexico or China within the next few years.

Report
7

<blockquote>Quote
<hr>Our dollar isn't getting stronger - the US dollar is getting weaker<hr></blockquote>

That would explain why the Can $ is appreciating against every other major currency. I guess.

Report
8

Who cares shortsail? The position of the Canuckbuck vs $US is pretty much the only relationship that matters for Canadian jobs.

Report
9

<blockquote>Quote
<hr>for Canadian jobs. <hr></blockquote>

Make that "for some Canadian jobs".

<blockquote>Quote
<hr>Who cares <hr></blockquote>

Canadians should care. An economy predicated on a weak currency is an inefficient economy.

Report
Pro tip
Lonely Planet
trusted partner