Wednesday, September 12, 2007

Canadian/US at Par?

I couldn't help but notice I'm getting US coins back in my change. That was not happening even 3 months ago... US, $1.0375 Canadian. Wow, the US dollar has come down fast and hard.

US importers are going to be hurting badly, as will Canadian exporter. I wouldn't want to be owning those kinds of investments through their next earnings reports, or even now...

All of a sudden US exports got a whole lot cheaper and more competitive, so Canadian importers should be looking good.

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