The Canadian dollar at $0.75

Discussion in 'Canada' started by RumRunner, Jan 29, 2015.

  1. Steve G.

    Steve G. Long timer

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    If this were to come up for a vote, for common currency, or an all inclusive North America, I'm sure it would be universally rejected by a majority of Canadians. We want nothing of your social unrest, debt, corruption, extreme high cost health care, gun violence,,,I could go on.
    #21
  2. Steve G.

    Steve G. Long timer

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    You are correct. Side by side, even with a $.75 Cdn dollar, it's still cheaper to travel/eat/hotel in the USA.
    Plus the USA has WAY better motorcycle roads, and WAY more of them, and WAY less traffic where they are.
    #22
  3. nick949eldo

    nick949eldo Long timer

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    The differences are more than superficial. No thanks indeed!

    Nick
    #23
  4. Holaday

    Holaday Man of Leisure

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    I agree. I have done majority of my holidaying in the US for the past 10 years. Been neglecting my own back yard though. There is a few places in BC I'd like to visit and with the weaker CDN dollar and lower gas prices this is the year to spend more time close to home.
    #24
  5. RumRunner

    RumRunner Sit there, turn that

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    I wonder what the Canadian tourist traps will be showing on their US to Loonie exchange boards this summer? $1.10:lol3

    DW
    #25
  6. yamalama

    yamalama wet coaster

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    At least a daggy old motel in the states is only 50 bucks.
    Unlike, say, the disgusting dumps in Penticton at 160.
    #26
  7. Cal

    Cal Long timer

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    Stayed in a hotel near the beach last night in San Blas south of Mazatlan for 14.00 tonight in bucerias near puerto vallarta for 25.00
    Gas recently in arizona was as low as 1.65/gallon
    #27
  8. Drif10

    Drif10 Accredited Jackass

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    Look at buying your parts in the UK. Shipping is quicker, after the exchange rate, I find it a better deal most times.
    #28
  9. Dan Diego

    Dan Diego Long timer

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    Yeah, but $160 canadien is only about $4 US right now.

    And as soon as we have wunderful free health care like canuda, it'll be exactly the same.

    Except the beer.:freaky
    #29
  10. Steve G.

    Steve G. Long timer

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    No, I'm afraid it will never be the same. As you know, nothing is free. our healthcare system takes almost 80% of government budgets in Canada. You guys are spending that 80% being the world's military policeman. From the looks of things, we seem to be getting better value for money in our schooling system, at least we know how to spell correctly.
    #30
  11. jfman

    jfman Long timer

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    Ok enough country bashing folks.. lets get back to topic.


    BTW: We will trade the tar sands for some good western US roads. :deal Deal?
    #31
  12. yamalama

    yamalama wet coaster

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    Might still be a good time to buy US dollars. Bet it is.
    President Harper threatens to lower the interest rates again. In March.
    While the USA raises the rate.
    Maybe a 65 cent dollar. Seriously.
    #32
  13. Merlin III

    Merlin III Long timer

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    Damn! That does it! I am canceling my CANADIAN VACATION that I planned for this Summer and I am going to "unfriend" all my Canadian friends! :rofl
    #33
  14. Pay Dirt

    Pay Dirt panning the web

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    Have a look at the history and you'll find it wasn't that long ago it was $0.65. It's a moving target and currency exchange investing for us peons is a mugs game.
    PD
    #34
  15. 16VGTIDave

    16VGTIDave Reaver made me do it...

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    Gold and silver are the only real currencies. Everything else is made up...
    #35
  16. Steve G.

    Steve G. Long timer

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    Currency exchange investing, even in it's most very basic element, is quite easy, and the general market gives everyone huge signals. The business commentator I've followed for 15 years called for a sub $.80 dollar over 2 years ago. This geo-political manipulation of the price of oil within the last 10 months has sped things up however.
    My non professional view of our currency is that, as we are a petro-currency, expect a $.75 dollar, which will creep up to high 70's by the end of the year as oil stabilizes to $70-80 barrel.
    #36
  17. Merlin III

    Merlin III Long timer

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    Gold and silver markets are manipulated also.
    #37
  18. 16VGTIDave

    16VGTIDave Reaver made me do it...

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    You don't say. Currencies, stock markets, commodities, even attitudes are manipulated. The press and the truth are certainly manipulated. Everything is manipulated to some extent. Hence, we are all manipulated. Denying it won't change it.

    The only question is by how much do we allow ourselves to be manipulated.
    #38
  19. Dan Diego

    Dan Diego Long timer

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    You do recognize "sarcasm" when you see it, no?

    U guys may be able 2 spell but suffer from a severe lack of humor. (Or is it humour?)

    C'mon, grow a funny bone.:wink:
    #39
  20. sidewayz_control

    sidewayz_control Been here awhile

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    Harper said it a year ago, he wants a weeker Canadian dollar to help exportations, which is true. But exportations for him means oil and nothing else.

    Anyways... Since I'm certain the price of goods will go up here in Canada because of the week dollar, I bought a new pair of Alpinestars Tech 7 for 340$ Canadian at Petes Superbike. Price on Revzilla and other US retailers 370$ US. And I didn't even ask for a deal or negotiate.

    That price at par with the US, as well as the rest ain't going to last, distribution networks have started reajusting prices, my wife works for a large (the largest) electronics, musical and audio equipement distributor in Canada and they have been reajusting all pricing to reflect exchange rate.

    Ivan
    #40