Shrinking Canadian dollar
Wondering how the state of the Canadian dollar will effect other Canadians travel plans. It has made our site rental jump from $3,200 American to a payment of $4,022.60 Canadian. ouch!
Forum Discussion
Executive wrote:3oaks wrote:
Hang in the Canadians.
The way our Federal Reserve here in the U.S. is manipulating our currency, you will have the advantage over us and our funny money.
We'll all be in the same boat come October when the IMF removes the dollar as the reserve currency with the upcoming push of the Yuan....Dennis
When that happens we may find our money printing presses aren't as effective as they have been, our near zero interest rates aren't helping growth, our massive national debt isn't as funny as it was and that we're a lot closer to being like Greece than we'd like. We certainly live in interesting times and the term "snowbird" may take on the meaning of folks in the US going north over the border to escape the high costs of living down here.
