The Canadian Dollar is Trading at US $99.85 (Or So)
September 21st, 2007, 5 Comments »
Early in my Gnomedex talk, I made a little joke about currencies:
This [telegram]was sent in 1954, and at the time it cost about $2.50 Canadian. That’s about $2.57 in US dollars. Yes, our currency was stronger until about 1960. I don’t know if you’ve looked at exchange rates lately, but we’re coming for you.
Yesterday, the Canadian and American dollars achieved parity for the first time in 31 years.
That’s kind of shocking, isn’t it? I remember a time in the eighties when the Canadian dollar was worth about US $0.70. What a difference a war makes, eh? Yes, I know that’s not the only reason, but I liked the sound of it.
I’m trying to rack my brain for stuff we should order from the US that one can’t get in Canada. I’ve got nothing. But, then, I currently have a paucity of possessions.
Here’s a blog post from the National Post that summarizes and links to sundry American responses to our monetary equality.