CDN $ opens at $1.09 trading at $1.10!!

Magnus3x · 11-07-2007, 11:39 AM

Sweet mother moses, the cost of oil per barrel is in the high 90's, probably going to crack the $100 a barrel mark. This making the CAD dollar spike up as well as the lack of confidence in the US dollar from foreign markets.

I wish the Bank of Canada would lower interest rates, but they don't want to be responsible for a unnatural rise of inflation.

I will have the make the most of it and do some online shopping and buy a few things while in LA, perhaps some new Golf Clubs.

TheLegacy · 11-07-2007, 11:45 AM

Unfriggin believable - I have to change my CA money over to American for LA trip - going to loose alot.

Evil Chris · 11-07-2007, 12:53 PM

What more can be said about this other than it sucks... and badly.

Casa Nova · 11-07-2007, 02:50 PM

ouch... Dammit I'm getting screwed up the ass on this one.

Evil E · 11-07-2007, 02:57 PM

The Bank of Canada is supposed to lower the interest rates by a quarter of a point pretty soon.