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James W. Dean argues in today’s Financial Post (article here) that the Canadian dollar should be merged with the Greenback. Are you kidding me? That would be like handcuffing someone in a life preserver to a sinking boat. Moreover, Dean has long been an advocate of keeping the loonie separate. His lengthy three-page article [...]
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BNN’s Amanda Lang and Kevin O’Leary reported today on SqueezePlay that three U.S. cities have just written letters into the Treasury asking for their own bailouts – Arizona, Pennsylvania and Georgia are starting to look as financially well-off as California, which is completely in the red. Is this a sign of worse to come? What’s [...]
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Today the Canadian dollar has fallen to 25% below the Greenback. Analysts think they could see a 30% differential in one week. Who could have foreseen this a year ago (October-November 2007), when the Canadian dollar was 10% stronger than the US dollar (at the all-time high, one Canadian dollar bought $1.10 American)?
The latest central [...]
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Unfortunately for me, since I’m currently in the US, the recent dramatic drop in the Canadian dollar is causing everything to suddenly become almost 20% more expensive. I’ve been waiting for the dollar to turn around again – even last month’s 10% difference is looking really good now – but I fear it’s going to [...]
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Canadian or American, the dollars are pretty much as equal as they can be today. It’s a good day to go in to your local currency exchange and pick up on the holiday dollars you need for vacationing, conferences, business, or whenever else you need to do anything across the border.
For Americans, who knows [...]
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