also, WWII put women in the workforce and they decide they like to work outside the home .. one could theorize that Hitler helps the women's movement in the USA.
The miserable US$ to C$ exchange rate
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also, WWII put women in the workforce and they decide they like to work outside the home .. one could theorize that Hitler helps the women's movement in the USA.
All the CGEPs and univerities are at maximum capacity, There are no more factory jobs for high scool drop out. Even with papers, there will be no guarantees.
Yes, it'll be just a matter of time before we're all turning tricks down here. America will become the numba wun destination for Chinese sex tourists. Thailand better brace for some stiff competition.
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Wow, that's some theory future canadian. Yes, doing back breaking "mens" work all day and night in factories must have really turned them on. I think women entered the workforce as a result of the feminist womens liberation movement during the '60's ... well, that's my theory.
Do not count the US out, they will come back. I am not saying soon, but remember when the CDN dollar was at $0.62 US. Not so long ago.
Thats because the CDN dollar is a petrodollar. Canada sell more oil to the US than any other country.
Exactly. An economist once told me that the higher the price of oil, the higher the Canadian $$ is likely to be.
Take advantage when you can, these things go in a cycle. One day we may be back at .60 cent to the Yankee buck.
As of today the US dollar = .9794 Canadian. Slightly better than last month, but WTF????? When is it going to go back to at least par? We need this to be at least at par, right now there is too much birdie golf for my taste.
Another day another rant EB ?
How about this one ?
http://usa.chinadaily.com.cn/us/2011-06/18/content_12728270.htm
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The petrodollar is helping CAD dollar for sure, although I question the environmental tradeoffs that are being made. The weaker exchange rate means less US Volume which should affect the supply-demand function. My recent experience in the marketplace serves to confirm this assertion. Will parity make cross-boarder exchange easier?
The exchanges between Canada and the US is only a minor part of the equation in today's world economy.
There is a lot more going on worldwide that will affect our economy.
Not to mention the 1B people more roughly each and every 12 years.
To be MUCH MORE SPECIFIC:
**This is an escort review board. I was referring to the volume of US hobbiest transactions in Canada. This thread, EB's comments, as well as others make this point self-explanitory. I was trying to stay on subject.:thumb:
**This is an escort review board. I was referring to the volume of US hobbiest transactions in Canada. This thread, EB's comments, as well as others make this point self-explanitory. I was trying to stay on subject.:thumb:
"Concerns about the United States of America's increasing debt levels in recent years have caused the Canadian dollar to become more widely held as an international reserve currency, as countries try to decrease their US dollar-denominated reserves."
The higher "value" of the CAD vs. the USD in the 70s was because it was allowed to float.
Then it went down vs. the USD specially with the economic boom in the 90's centered on the US.
In 2007 China announced it would diversify it's $1.4trillion foreign exchange away from the USD and of course our vast natural resources like oil is helping the CAD to be at par if not more than the USD.
Thus, unless some global event turn the tide, the CAD should stay at par +/-5% max. for a long, time !
The higher "value" of the CAD vs. the USD in the 70s was because it was allowed to float.
Then it went down vs. the USD specially with the economic boom in the 90's centered on the US.
In 2007 China announced it would diversify it's $1.4trillion foreign exchange away from the USD and of course our vast natural resources like oil is helping the CAD to be at par if not more than the USD.
Thus, unless some global event turn the tide, the CAD should stay at par +/-5% max. for a long, time !
I would agree with this, unless the US econcomy strenthens considerblythere will be no great change.
I found that most agencies want Canadian. It cost them to exchange it to Canadian, so they will probably expect an extra $20 if you give them US, even though the exchange rate is not that much in favor of the Canadian $.
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