US.......Canadian Dollar at Par - Page 2 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


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Old 09-20-2007, 04:36 PM   #11
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Well, mostly you NYers and Michiganders will, but we will probably have a heavy snowbird season down here in Florida this winter if this keeps up.

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Old 09-20-2007, 04:44 PM   #12
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I would tend to agree lash, but I don't think the exchange rate will be like this for long. If they were smart, they would buy not for the winter season.
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Old 09-20-2007, 05:02 PM   #13
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not sure if you noticed, it didn't stay on par for long. It'* back belowq the US dollar...
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Old 09-20-2007, 05:13 PM   #14
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Quote:
Originally Posted by Maymybonnieliveforevr
Was that all she left on the dresser when she was putting her close back on?
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Old 09-20-2007, 05:36 PM   #15
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Canadian dollar at par with the US, is a bad thing for us actually. The US exports a lot of manufacturing to us as the greenback went so much farther once converted to Canadian dollar value. In the grand scheme of things, economically its not good.

The staggering part is the meteoric rise of our dollar vs the US dollar in the last year, most Americans should be worried about the state of the value of your money. Global investors are no longer investing in your currency. Any Canadians with US investments, are losing their shorts right now.

Another problem I have with parity: Canadian retailers who import products from the US have a listed American and Canadian price (things books and Hallmark cards). The US price is typically 30% lower, this is to take into account the difference in the currency. Now that this does not exist, retailers havent adjusted their prices, and could take almost TWO years for that correction.

We pay way to much for electronics, furniture, clothes, vehicles and fuel. Unfortunately we'll still over pay until the adjustment is made. Until then, there will be significant cross border purchasing of big ticket items. And of course, we'll get fist fuct in duty taxes (unless you stay in the US for 48 hrs).

Parity or near parity does make us feel good, and takes you Americans down a peg. Other then that, its nothing to write home about.
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Old 09-20-2007, 06:00 PM   #16
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Default Re: US.......Canadian Dollar at Par

Quote:
Originally Posted by Maymybonnieliveforevr
Ha.........laugh at us now Sucka'*
we have been


AMERICA



CANADA
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Old 09-20-2007, 06:39 PM   #17
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this has been news for a week now.
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Old 09-20-2007, 08:32 PM   #18
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hey pete,, does that mean the car will be cheaper to by cause my money is worth more


hey sqela

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Old 09-20-2007, 08:36 PM   #19
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I saw you tonight, I waved and everything! Don't worry, before Pete gets up here the CDN dollar will be worth more then the US dollar, your money will go farther
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Old 09-20-2007, 09:51 PM   #20
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sorry..
i had to go right down to lakeshore..
was probably daydreaming..
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