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who's going to the states for shopping? (pg. 5)
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RayRayy
A strong dollar is not always a good thing especially canadian businesses who sell most of their products outside of the country....not good for the automobile industry..u heard GM closing their night shift assembly line in Oshawa because nobody is buying cars here because of the strong dollar...peeps are actually buying their cars in the states...so its a double edge sword. US juss lowered their interest rate recently...their economy can't be that healthy.
Spin Laden
quote:
Originally posted by DiskHO
it depends on the artist. some require to be paid in euros, others usd. NONE of them get paid in canadian dollars unless they live in canada.


thanks. I bet these automakers wish they could outsource (or whatever it's called) in Mexico or something :p
malek
quote:
Originally posted by DiskHO
it depends on the artist. some require to be paid in euros, others usd. NONE of them get paid in canadian dollars unless they live in canada.


what he said.
Spin Laden
hmm, well I wonder if ppl will change their tunes re loonie if and when we surpass the USD.
DJ Charlie
its 11am today.

1$ CAN = 99,93 ¢ US

at 10:55...

1$ CAN = 99,99 ¢ US

LOL
Spin Laden
http://www.cbc.ca/money/story/2007/...diandollar.html
Tag
ing ghey I hate the canadian dollar, stupid pos go down. URGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
jesteraver
quote:
And the all-time high against the U.S. dollar? That was on July 11, 1864, when it surged to $2.78.


(Courtesy of The Globe & Mail)
Allied Nations
ttyyyy
RayRayy
quote:
Originally posted by jesteraver
(Courtesy of The Globe & Mail)


last time that happened was in the 70's when interest rates were like 17%.

Spin Laden
yeah, I remember a prof mentioning those high rates. Wasn't that when the Royal Bank used to break peoples arms and legs? :p
Alex
quote:
Originally posted by Spin Laden
yeah, I remember a prof mentioning those high rates. Wasn't that when the Royal Bank used to break peoples arms and legs? :p


Ya, totally.

I heard if you skipped on your bills they'd call you all night long or send guys to yell at you in the street, or maybe they just paid hobos, who knows.
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