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FlyingIguana · 10-17-2003, 07:40 PM

guy on rob tv just said the dollar could hit 84-85 cents because the bank of canada may not move interest rates because growth is going too strong which is horrible for canadian webmasters. margins have been kicked in the nuts way too much from this strength in the dollar.

good to see our economy doing well, but that comes at the price of any company bringing in money from the states losing money. i hope the bank of canada knows what they're doing because a strong dollar could kill our economy over the next couple years. imo 80 cents is way too high, but 85 would just be devastating.

10-17-2003, 07:40 PM
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	85 cent canadian dollar? guy on rob tv just said the dollar could hit 84-85 cents because the bank of canada may not move interest rates because growth is going too strong which is horrible for canadian webmasters. margins have been kicked in the nuts way too much from this strength in the dollar. good to see our economy doing well, but that comes at the price of any company bringing in money from the states losing money. i hope the bank of canada knows what they're doing because a strong dollar could kill our economy over the next couple years. imo 80 cents is way too high, but 85 would just be devastating.