[Newsbot]

Title: Loonie pares losses
Category: Business
Posted By: tritium
Date: 2009-02-17 10:45:12
Canadian

[tritium]

I am sorta surprised that the Canadian dollar is not stronger against the U.S. greenback.

I have no trust in the U.S. dollar anymore, or the economy at least for the next 3 to 5 years.

[BartSimpson]

Oooh, .73 on the US dollar? Time for me to come up and visit again.

[-Mario-]

BartSimpson wrote:

Oooh, .73 on the US dollar? Time for me to come up and visit again.

Rub it in

[bootlegga]

BartSimpson wrote:

Oooh, .73 on the US dollar? Time for me to come up and visit again.

Actually, it .7933, not .73 cents.

I would be jumping in the streets if it was though, because I'm sitting on several thousand in US dollars that I'd like to change.

[BartSimpson]

Maybe by summer it'll be down to .63 again. Back in 1994 when I came up it was pretty awesome for the wife and I to eat at McDonalds and pay with a US$20 and we got over CDN$20 back in change! Walking out with more than you walked in with (at least in face value) was pretty damned cool!

[BartSimpson]

-Mario- wrote:

BartSimpson wrote:

Oooh, .73 on the US dollar? Time for me to come up and visit again.

Rub it in

Hey, it's good news for tourism in a down economy.

[mtbr]

BartSimpson wrote:

-Mario- wrote:

BartSimpson wrote:

Oooh, .73 on the US dollar? Time for me to come up and visit again.

Rub it in

Hey, it's good news for tourism in a down economy.

you must be talking about the US economy

The dollar is attached to oil so go fill your car and watch the loonie rise this summer.

Keep that tank filled when oils starts rising 150 bucks a bbl is going to look like child's play.