My fingers a crossed, let's stop this nonsense...
 

1.00 USD United States Dollars = 1.22567 CAD Canada Dollars :helpme

I'm with ya

Wow, has it gotten that bad?

SpaceAce

It was worse dude. I exchanged some at 1.19 not too long ago.

SICKENING

Can you imagine the day $1.00 CAD = $1.22 USD

Geesh...the joke will be on us!

Our only hope is that the kerry people will implement some similar economic policies as clinton did when he took office.

The US is going bankrupt right now :helpme

Like back in early 70's ;-)

Yes let's hope Kerry has another technology bubble in his back pocket.

1.202 at Royal Bank on Monday. I'm ready to cry.
WG

If kerry wins it will get better...

read this: http://www.ed.gov/PressReleases/08-2000/wh-0805.html


Everyone thinks that that only reason clinton did good is cause he was lucky enough to be president during the tech bubble... But as this page shows, that's not the only reason things went good.

Bah, as long as you keep it in a US account all will be fine sooner or later. And a buck is still worth a buck, when it's not, then i will worry!:glugglug

vote for bush today and lin about a month or so that will be true

Not until he's in office and showing he's not gonna keep spending like an idiot

Thats if ur buying the US Dollar


when i cash my checks they gave me around 1.2 last time i did it

I heard they say the way us economy is going now in 16 month it's going to be 1=1 ;-)

I can start paying everyone in canadian$$$:1orglaugh

even if kerry wins , its not like the rates are going to magically jump up it will take a long time for recovery process .
It might go up few :2 cents: like 1.3 if we are lucky
Should go up after the elections regardless ..

True, who wants to invest in the US now ??? :helpme :helpme

WebGurl I would take a 1.3 Anyday compare to this bullshit.

me too , ooooh trust me i hear yah buddy :(
Its totally rediculous

Yea ... that's so fucking sad

yeah, it's kinda depressing... I xchanged at 1.20 last week

http://finance.yahoo.com/q/bc?s=USDC...=on&z=l&q=l&c=

I've got a bunch of cheques I dont want to cash.. I'm just waiting for any sign of improvement.:(

if you can , hold on to your $$ until atleast next week .
I calculated that I will be safe with my CND funds until X-Mas

Keep your money in a USD account until you find a good time to cash them.

WG

whats going to happen next week?

IM glad I get paid in Euros.

Is it the canadian dollar thats getting better, or the american dollar thats going down the toilet?

I know the oil prices are affecting the canadian dollar, but I also know that the US deficit and their job less/medical loss must have an impact on their economy.

Anybody know?

I am safe , but unfortunetley alot of peeps who rely solely on this business
making US funds to survive cannot let their money sit in US account until a "good time" even with a shit
rate you gotta do what you gotta do

yeah its a combo of both . Canadian Dollar is stable and the American Dollar is getting weak :(

the Canadian dollar is stable ... it's the U.S. dollar who's dropping ...

Actually, the CAD is getting stronger against multiple currencies.

The big part of the drop in exchange rate is due to the US going bankrupt in the near future, and the difference in interest rates.

Canada is the ONLY G8 country that posted 7 CONSECUTIVE surpluses. They cut taxes by 100 billions in the past 7 years, and we still manage huge surpluses every year.

Canada also reduced its Debt by more than 60 billion dollars in the past 7 years (current deficit is 502 billions, so they reduced it by more than 10%)

Compare this with the US budget: http://www.academycomputerservice.co...ics/charts.htm (bottom of the page)

well i wouldn't go so far in saying they will be going bankrupt in the near future . In the future perhaps but not near .

near future means 5-10 years. In the life of a country, 5-10 years is pretty near!!

anyways, let's hope that this won't come true.