1 Cnd = 1.00107 Usd

[Russell]

Time to go and buy all those US cars! First time since November, 1976 we have been on top.

[Canadian Turbo]

Re: 1 Cnd = 1.00107 Usd

Not just cars, most things are a good deal in the US now. The Globe & Mail's front page was saying how the dollar has improved about 15% this year but hardly any of that has been passed on to us consumers. I like to support my local businesses but hard to justify when buying in the US is that much cheaper.

[Russell]

Re: 1 Cnd = 1.00107 Usd

Yeah I am buying a few things from the states right now (small things).

[gaffer]

Re: 1 Cnd = 1.00107 Usd

Loving the exchange right now.

I booked trades yesterday & today for USD and was able to buy $2000USD for $2024.82 which I think was pretty good. Everything that I bought in Vegas is getting cheaper since I put it on my USD Visa which they have not sent the bill for yet.

I was following the rate in advance of my trades this morning at one time $1000 USD was exchanging at $1000.48 CAD, too bad you can never buy it at that rate.

Those cars are looking more & more tempting.

Andrew

[R_Ethug]

Re: 1 Cnd = 1.00107 Usd

damn!

[Kordain]

Re: 1 Cnd = 1.00107 Usd

anyoen heading down to the states wants to pick me up a new stereo? cant beleive how much the price difference is even with the dollar at the same.

[R_Ethug]

Re: 1 Cnd = 1.00107 Usd

rs4 here i come

[Mitcheh]

Re: 1 Cnd = 1.00107 Usd

Bleh
us dollar buying is over rated

[gaffer]

Re: 1 Cnd = 1.00107 Usd

Bleh
us dollar buying is over rated

Not when you run a business that buys everything in USD. I cant wait to see where it goes.

Andrew

[Russell]

Re: 1 Cnd = 1.00107 Usd

http://www.cbc.ca/money/story/2010/1...y.html?ref=rss

[turbomeyers]

Re: 1 Cnd = 1.00107 Usd

Time to go and buy all those US cars! First time since November, 1976 we have been on top.

not true . i bought my tt for $400 canadian less than US . that was 4 years ago or three . .

[turbomeyers]

Re: 1 Cnd = 1.00107 Usd

BTW guys this isnt great . but it does mean the oil is way up . that is good

[RONDAL]

Re: 1 Cnd = 1.00107 Usd

no it doesn't. for a multitude of reasons;
i'll start with this being a car forum, meaning the first thing thats gonna go up is gas prices at the pump.
if you mean for alberta....no again. AB is still largely a natural gas economy. With natgas in the hole still, there are still a large number of companies hurting and therefore employees.
oil sands has been highly profitable since arounde $75/barrel WTI.

high oil prices are going to slow the economic recovery, which means the recession/depression both in canada and south of the border is going to continue. look for fuel surcharges to come back on everything from flights to groceries.

High fuel prices doesn't do any of us any favors.

[turbomeyers]

Re: 1 Cnd = 1.00107 Usd

well . Here is what i knows is . fuel prices You guys can talk to me when you have a gas pig . and all . i mean all the oil drilling . service and whatever companies are going full tilt and looking for more bodies up here, and that means good things . for red deer anyways . they have started charters from red deer airport to fort mac . and my December was great compared to last years . as have many of the other small businesses around here . Biff runs a company directly related to oil and gas and they are way up from last year . so yes when oil prices are high i see that the rest follows . im not an expert but the last time it was so busy around here was when the oil prices were way high (also when i bought the tt) so i believe they are related . Oil prices low we are slow . oil prices high so much easier to get by . i love rhymes

[turbomeyers]

Re: 1 Cnd = 1.00107 Usd

as for slow the recovery . it needs to be a slow recovery or no lessons will have been learned . if it was just a hiccup .companies will be dumb again , people will over extend themselves again .We are a huge natural gas province but my friends that work nat gas are swamped . the prices are low but not dead . . i think things are on a good upturn at a good pace . but the dolor high does diminish the attractiveness of our exports . so that still bad .