What does this mean for us,

[Ken02busa]

1.00 USD

1.09719 CAD
United States Dollars Canada Dollars
1 USD = 1.09719 CAD 1 CAD = 0.911418 USD

THIS IS LIKE A 25 YEAR RECORD HIGH FOR US!!!

Updated 5/15/07 9:45 am

When I went to Las Vegas in 97 I paid 1.52 for a US dollar, and this is the highest I have seen our dollar since. I know of course it is not our dollar gaining strength, its the US losing ground.
I heard that if the Canadian dollar was ever .95c USD, that there would be a huge crash and fallout would wipe out North American economy to the point of no return.

While I enjoy being on par with our Yankee buddies, I am scared as to what it means long term. Any thoughts?

 

[Mr. Anderson]

it means you should invest in the peso because everything is getting made in mexico now! that and the yen!

 

[DaCol.]

It means  

 

 

 My Cuban Cigars have just GONE UP

 

[cosmo]

It means Canada is the #1 exporter of oil to the U.S. and is reaping the benefits of high prices.....and my Canadian oil stocks along with it.

 

[LA Busa]

How do you think I feel?

No one will take this Confederate money I have all over the place!!!

Yep, its all gone to he** just like a Britney Spears fan club!