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Old 12-15-2014, 05:02 PM  
rabbit
Confirmed User
 
Join Date: Jul 2003
Location: Montreal
Posts: 2,124
the trend has been in the making since 2013. lower gold & oil prices only made it accelerate. now Canada is facing a recession due to the end of a very long secular commodity bull market AND a looming real estate crisis. a double whammy coming up. and all of us running operations in Canada while getting revenue in USD are going to look like kings for years to come. I'm glad I rode out the low in the CAD/USD in 2010-2012 instead of shifting more operations to the US when it seemed to make sense. too bad for everyone else living here though...
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