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Thursday, September 20, 2007

One Buck = One Loonie

posted by on September 20 at 16:56 PM

Headline of the day…

Canadian Dollar Trades Equal to U.S. for First Time Since 1976

RSS icon Comments

1

Does this mean canada is no longer america's hat?

Posted by ky | September 20, 2007 5:08 PM
2

Once again, noone suspects the Canadian Inquisition!

Our chief weapons are Beer, Hockey, and a Sense of Humour!

Plus, we have a more useable and valuable dollar coin.

Posted by Will in Seattle | September 20, 2007 5:28 PM
3

Damn, now I can't make that joke to my Canadian friends about their dollar being worth less than our's anymore.

Posted by Gomez | September 20, 2007 6:12 PM
4

Whoa. That distresses me to no end. Our economy is in the shithole, and W and company are flushing it further. I think the only hope for the nation might just be Ron Paul. Unfortunately he runs under the Republican ticket, so he will not get their nomination. Much suck.

Posted by Scott | September 20, 2007 6:18 PM
5

I don't know if our economy is technically in the shithole yet, but don't you worry, it's coming. It'll be interesting to see what breaks the camel's back.

Posted by keshmeshi | September 20, 2007 6:50 PM
6

unfortunately, our attempt to get out of this hole will probably be what causes the break.

Posted by infrequent | September 20, 2007 6:59 PM
7

Actually I think it just shows that Canada is clearly a threat to national security. We'd better invade it. Fight those molson and poutine terrorists there so we don't have to fight them here.

Posted by DeanP | September 20, 2007 7:21 PM
8

You touch my poutine, I touch your face! Oh now Canadians can bask in our 15 minutes of glory. Good work loonie!! Now when the recession hits we can reminisce about the good old day when we were equal with the Americans.

Posted by Cass | September 20, 2007 8:48 PM
9

Clearly, the country collapsed when this happened decades ago.

Oh wait, no it didn't.

Posted by Gomez | September 20, 2007 9:56 PM
10

Thanks for the tax increase, hidden as a Fed interest rate move. Just like staging a war, based on killing off four thousand people named Rodriguez. Great job, George!

Posted by Eh? Eh? | September 20, 2007 10:11 PM
11

I have a loonie, a ten dollar bill, and a five-spot that I've had for four years.

Nobody in the US will accept them.

Maybe now I can cash them in since they are worth more than US currency.

Posted by lawrence clark | September 21, 2007 1:31 AM
12

Of course, we're still paying for things here as if our dollar were worth as little as .61 US (it's never been that low, BTW). But apparently because we're Canadians, we're not making such a big deal of that! I've read that it's cheaper in some cases to gas up the car at $1.05 a litre, drive across the border, and shop in New Hampshire, because of this differential.

While I can't afford a new car, I am rather looking forward to the time when the cover price on a book is a SINGLE price - NOT the sort of pricing where a paperback that's $8.99 in the US is 11.99 here!

Long live the revolution...

Posted by Bobbi Z | September 21, 2007 4:32 AM
13

I remember when I was little I used to think that canadians had to pay more for books because it was such a far trek to get books to Canada.(Not understanding there were US dollars and Canadian dollars) This was probably becase the fantastic US educational system had me thinking that everyone in canada were colonial fur trappers.

Posted by Leeerker | September 21, 2007 7:06 AM
14

Mwahahaha..... our plans have come to fruition!

Posted by Evil Canuck | September 21, 2007 7:17 AM
15

I'm visiting the US on Monday, and I'll be buying ANYTHING that has a cheaper price tag. Books I have no intention of reading, corduroy pants, plasma TVs, loaves of bread, Volkswagens, prescription drugs — oops, scratch that last one.

Posted by Bont | September 21, 2007 7:26 AM
16

@11: Yeah, and what sucks about the raising Canadian dollar... which is actually the tanking US dollar... is that all the prices in Canada are still set based from the days when the rate was like 75-80%.

Posted by K | September 21, 2007 8:13 AM
17

While I can't afford a new car, I am rather looking forward to the time when the cover price on a book is a SINGLE price - NOT the sort of pricing where a paperback that's $8.99 in the US is 11.99 here!

*Sighs* The cover price for books isn't the exchange rate price. It's set by the Canadian printers to reflect the cost of printing in Canada, obviously months before the book is on the shelf. While maybe one day the prices will be close, but they will always be different because production costs like wages, transportation prices etc are different in each country. I don't know why they list both prices, it just seems to infuriate people. If you're one of those dicks who keep calling my bookstore to yell at us for not magically changing the price on our books, please stop. ;-)

Posted by TC | September 21, 2007 8:13 AM
18

Perhaps we can look forward to more tourists from Canada. Hooray!

Posted by Greg | September 21, 2007 10:01 AM
19

This should be seen as a blessing for the American economy. As all those Canadians flock to the US to buy I-pods, the kids that work at Radio Shack 15 hours a week might be able to squeeze an extra hour or 2 out of their managers.

Posted by Colton | September 21, 2007 10:09 AM
20

@18: Except its a bit of a pain to get into your country now. Well, it's always been a bit of a pain, but now its worse. :P

Posted by Toby | September 21, 2007 11:17 AM
21

Why is it called a Loonie???

Posted by Kristin Bell | September 21, 2007 11:56 AM
22

Kristin, is there no version of Wikipedia in your internet?

Posted by PdxRitchie | September 21, 2007 1:59 PM

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