The Canadian dollar rises!

WireNine

WireNine

Member
How many users here are affected by this in a negative or positive way?

The good old $1 us to $1.50 cdn, miss those days :rolleyes2
 
I was just affected this morning when I had to exchange $171 US into Canadian at a 1.087 rate!!! I got a whooping $185.88! I should thank them there is no fee on money exchange at least. :(
 
Not a big problem for me so far.
Most of my pricing is in CDN dollars anyway even though I pay USD for servers. I also make quite a few purchases from the US so it is actually benificial in the long run.

I fear though that Stephen Harper, AKA "Mini Bush", will be driving this country into a serious deficit in the next few years with his tax cutting and budget spending. Our dollar will stay strong until mid to late 2007 and then will start to fade drastically.
 
The soaring loonie is absolutely killing me. I've come to hate the 2 days a month when I exhange my USD sales to CAD at my bank. Very depressing.

Vito
 
Heh, I also complain about the USD downfall. Imagine that in the course of only 1 year the local currency gained some 20%, and it's still growing. :(
 
Blue said:
Not a big problem for me so far.
Most of my pricing is in CDN dollars anyway even though I pay USD for servers. I also make quite a few purchases from the US so it is actually benificial in the long run.

I fear though that Stephen Harper, AKA "Mini Bush", will be driving this country into a serious deficit in the next few years with his tax cutting and budget spending. Our dollar will stay strong until mid to late 2007 and then will start to fade drastically.
Click to expand...

Tax cuts result in people spending more (or having more to spend).

People spending more result in more sales tax collected (which isn't being reduced by the current government).

Guess who gets it in the end? The government.
Works out nicely ;)
 
My bank is the worst!

United States Dollar (USD)
Rate Bank Will Buy From You:1.0809
Rate Bank Will Sell To You:1.1207

They are charging more, and giving less.

Need a better solution, any ideas?
 
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