Quad18star
09-29-2007, 06:29 PM
I was pretty shocked when i watched the stock market Friday night and noticed that our Canadian Dollar closed above the US dollar for the first time in almost 31 years. The CDN dollar was somewhere around $1.0052 to the US $1.00 and the reports were saying that it could rise to anywhere around $1.03 to $1.06 to the US dollar in the next quarter.
So what does that mean ??? I'm spending money and I think you guys in the USA will be getting a lot of Canadian business in the next little while. Things are generally cheaper in the USA for the same product ( usually a 20% mark-up from American prices) so a lot of people will be heading cross border and making purchases.
Any Canadians planning on doing any spending ??
I may head across the border in Sault Ste Marie Michigan and pick up a few things such as a TV , entertainment units , surround sound and maybe even a snowmobile . I've already made a few purchases tonight on Ebay for other things . :devil:
So what does that mean ??? I'm spending money and I think you guys in the USA will be getting a lot of Canadian business in the next little while. Things are generally cheaper in the USA for the same product ( usually a 20% mark-up from American prices) so a lot of people will be heading cross border and making purchases.
Any Canadians planning on doing any spending ??
I may head across the border in Sault Ste Marie Michigan and pick up a few things such as a TV , entertainment units , surround sound and maybe even a snowmobile . I've already made a few purchases tonight on Ebay for other things . :devil: