Canadian Dollar Jumps to 30 year high! - X Nations
      
      
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Old 06-04-2007, 03:11 PM   #3
Platinum Chris
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In many ways, its bad for Canada. In general, we're going to take a big hit in the job market when American companies start pulling out since it is no longer cost effective to continue operating up North.

Also, since there are quite a few affiliate programs that operate in Canada as well, its begins to become a big hit in $ revenue by losing the high exchange rates.

For webmasters, it depends on where in the world they are. If they're US based, then nothing really changes except the purchase power of the $. Elsewhere, it affects the total revenue gain from the exchange rates.
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