Canadian news

[Quebecboy]

Did you know now that the Canadian dollar is equal to American dollar?It won't stay like that but it will be like this for some time!

[Hebacheba]

So right now canadians are being overcharged? That doesn't seem fair.

[scottmale24]

At 9/27/07 10:43 PM, Quebecboy wrote: Did you know now that the Canadian dollar is equal to American dollar?It won't stay like that but it will be like this for some time!

Yeah, eventually it'll be worth more.

[Quebecboy]

they are going to lower the price right now....also,a lot of Canadians are going to the USA for buying stuff right now.

[NightmareFire]

Stupid Canadians.

Think I should try to spend the canadian dollars I have here in the US?

[major-shake]

So if I have 15 dollars canadian, I should be able to go to my bank and exchange it straight up?

[Zerok]

I think it was about... four or five days ago the paper reported that we closed at like 0.99998 US cents, after briefly seeing eye to eye with the American dollar.

The editorial picture was pretty funny. A loon (for the loonie, the Canadian dollar coin) was sitting on a branch, observing with some excitement an eagle plummeting past it. The loon exclaimed: "HOLY CRAP! I CAN FLY!"

It made me smile. Then I ate poutine.

[Zerok]

At 9/27/07 10:47 PM, major-shake wrote: So if I have 15 dollars canadian, I should be able to go to my bank and exchange it straight up?

No, you'll suffer a needless exchange fee, as well as a slightly unfavourable exchange rate because banks buy low and sell high.

[ShitOnAStick]

Pooouutine!

[major-shake]

At 9/27/07 10:51 PM, Zerok wrote: No, you'll suffer a needless exchange fee, as well as a slightly unfavourable exchange rate because banks buy low and sell high.

That's bull, oh well, hey what can I buy for 15 dollars in canada?

[Doom-Fan]

At 9/27/07 10:51 PM, Zerok wrote:

At 9/27/07 10:47 PM, major-shake wrote: So if I have 15 dollars canadian, I should be able to go to my bank and exchange it straight up?

No, you'll suffer a needless exchange fee, as well as a slightly unfavourable exchange rate because banks buy low and sell high.

Double posted!!

SOMEONE BAN HIM FOR A MONTH!

[Zerok]

At 9/27/07 10:52 PM, major-shake wrote: That's bull, oh well, hey what can I buy for 15 dollars in canada?

Uhh, a twelve pack of beer.

At 9/27/07 10:53 PM, Doom-Fan wrote: Double posted!!

Actually, I posted twice in a row. A double post would be identical.

[Quebecboy]

At 9/27/07 10:47 PM, major-shake wrote: So if I have 15 dollars canadian, I should be able to go to my bank and exchange it straight up?

yeah that's right...it still a big warm gift for us right now...

[cellardoor6]

It doesn't mean much. Currency value doesn't reflect or implicate that your economy is better or anything, as some Canadians are going to try to pretend due to their ignorance.

Example:

Japanese Yen to make $1 USD: 115.76

Mexican Peso to make $1 USD: 10.92

The Mexican Peso is 10 times more valuable than the Japanese Yen.

If Mexicans were as desperate and idiotic as Canadians are, they'd be jumping for joy right now saying that their economy is better than Japan's.

[knightsofthecircle]

So does that include the gas price?

[Quebecboy]

I just heard on the news that right now,it's BIGGER than the American Dollar

[Zerok]

At 9/27/07 10:58 PM, Quebecboy wrote: I just heard on the news that right now,it's BIGGER than the American Dollar

xe.com shows a very puny difference, yarr.

[Sashuno]

I blame all the money being poured into the war. FUCKING STOP IT SO WE DON'T LOSE TO TEH CANADIANS!

[squeakytoad]

At 9/27/07 10:57 PM, cellardoor6 wrote: It doesn't mean much. Currency value doesn't reflect or implicate that your economy is better or anything, as some Canadians are going to try to pretend due to their ignorance.

Example:

Japanese Yen to make $1 USD: 115.76

Mexican Peso to make $1 USD: 10.92

The Mexican Peso is 10 times more valuable than the Japanese Yen.

If Mexicans were as desperate and idiotic as Canadians are, they'd be jumping for joy right now saying that their economy is better than Japan's.

See, that's just a different in name. For instance, the American penny has always been worth less than the Thai baht. However, the American dollar is worth more.

In the case of the Canadian and American dollar, it is actually a matter of a plummeting American market. The dollar's value is lowering, not just in exchange with one country, but a large number.

Hopefully the American economy will get back on its feet soon.

[FootFetish24]

we're being overcharged like a bitch.

i remember being at jfk airport. i bought two twizzler packs for $1. ($1.14 for ONE PACK.)
where i live (vancouver) we get greedy son's of bitches shoving their hand up our asses and wallets.

[cellardoor6]

At 9/27/07 11:09 PM, squeakytoad wrote: See, that's just a different in name. For instance, the American penny has always been worth less than the Thai baht. However, the American dollar is worth more.

Sorry, but you don't know what you're talking about. Both the Peso and the Yen represent the singular monetary currency of their respective countries. The Yen is Japan's currency, and the Peso is Mexico's, neither of which are, as you are trying to make it seem, a sub-currency designation like the penny.

In the case of the Canadian and American dollar, it is actually a matter of a plummeting American market.

Not necessarily.

It has more to do with the speculation of people who hold US bonds. If the US economy, as it still is, outperforms another countries' economies, that doesn't mean that the value of the US dollar won't go down anyway.

It's way more complicated than people think.

[<deleted>]

Yeah I used the fucking search bar and found the thread made earlier about it...

[LockDown68]

DO I REALLY need to type the thing of why America is better.... AGAIN its so long...

[Zerok]

At 9/27/07 11:51 PM, cellardoor6 wrote: It's way more complicated than people think.

'Tis why I'm looking forward to my macroeconomics lecture come winter. However, if they teach it anything like micro, then I doubt I'll learn much.

[Sashuno]

the whole real estate thing and people not reading anything is really getting out of hand...

[cellardoor6]

At 9/27/07 11:53 PM, Zerok wrote:

At 9/27/07 11:51 PM, cellardoor6 wrote: It's way more complicated than people think.

'Tis why I'm looking forward to my macroeconomics lecture come winter. However, if they teach it anything like micro, then I doubt I'll learn much.

I learned a lot in both Micro and Macro Economics. Macro is basically 90% geared towards the stock market, at least it was at UW. It's a bitch, there was this assignment where you have to make your own forecasts of real stocks, and you couldn't pass the class until you had a 80% accuracy rate within a certain margin of error for at least 10 stocks over the course of a month.

You HAVE to learn, or you won't pass. So yeah, pay attention. I almost cried a few times from that class.

[Total-Havok]

Oh who cares, does it matter?

[Quebecboy]

I'm rebumping that thread only to say that now(by what I saw on the net) that 1.00 CAN$ worth 1.07$US,HOW FAR WILL THIS GO? :P

[LockDown68]

you saw wrong

Heres the chart.

Learn to read..

[Quebecboy]

Well I've took my information from the Bank of Canada and they have told me this :
http://www.bankofcanada.ca/en/rates/conv erter.html