Canadian Dollar now equals US Dollar

Baltovibe · Post by **Baltovibe** » Thu Sep 20, 2007 5:41 am

For years I have always seen Canadian prices higher than US prices.For the first time since 1976, the Canadian dollar now equals the US dollar.I wonder if Canadian Vibe prices will now be the same as American Vibe prices?http://biz.yahoo.com/ap/070920/dollar.html

bull77 · Post by **bull77** » Thu Sep 20, 2007 5:43 am

I was going to go to NYC in the summer because the dollar was doing so well....I'll probably head down later this year and take advantage

kevera · Post by **kevera** » Thu Sep 20, 2007 5:46 am

I doubt car prices in Canada will be as cheap as the US.I wish,but it will never happen.

Mavrik · Post by **Mavrik** » Thu Sep 20, 2007 5:57 am

Wow the dollor is the same eh? thats either a good thing for canadians or a bad thing for americans.But it doesn't change the fact that a $16,000 car in the US costs a canadian about $24,000 for the same damn thing.

kunkstyle · Post by **kunkstyle** » Thu Sep 20, 2007 7:04 am

And it won't change any time soon. It's the manufactuer's that decide that, and it's only based loosly on the conversion rate. There's other things to consider in that equation as well (IE shipping, safety regs, etc.). I'd doubt if the dollar actually came into play any sooner than 2 model years down the road, if at all. Even 20 years ago when the dollar was stronger (not as strong as it is now, mind you) the price differece on cars, books, electronics, etc. was well over the dollar differecnce.

Raven · Post by **Raven** » Thu Sep 20, 2007 8:29 am

I never thought I'd see our dollar at par again and it happened very quickly. It's time for a trip to Ogdensburg, NY. to cash in on the deals. Maybe an Ebay spending spree to celebrate!

kunkstyle · Post by **kunkstyle** » Thu Sep 20, 2007 8:59 am

Skiing in Colorado this winter for me

jimincalif · Post by **jimincalif** » Thu Sep 20, 2007 9:18 am

In part due to the Fed's 50 basis point rate cut on Tuesday. I'm not sure that was a good idea, it is inflationary, and commodity prices are already at recent highs. If OPEC drops the dollar as a peg for oil prices, could be a bad thing for the US economy.In the meantime, all you Canadians come on down for vacation, have a great time and spend your loonies - we need your money!

Sputnik · Post by **Sputnik** » Thu Sep 20, 2007 9:32 am

I just spent the weekend in North Conway New Hampshire, shopping like mad. I spent $400 (the exemption limit for crossing back to Canada). It was great - I got a $190 jewellry box from the Bombay Company for $55! And no sales tax! Good times!

ArcsVibe · Post by **ArcsVibe** » Thu Sep 20, 2007 11:38 am

Just in time for my fall business trips to the US! wOOt wOOT!!

richbaker · Post by **richbaker** » Fri Sep 21, 2007 11:53 am

dont be surprise if she ask where the cash at?___________________________________new car parts from Autopartswarehouse.replacement parts from Autopartswarehouse.

Atomb · Post by **Atomb** » Mon Sep 24, 2007 5:03 am

yup, spending spree in syracuse last week!plus i saw a few items drop in price in canada due to this change so i jumped on those too!glad i no longer work for my last company...large export required and with the dollar this high, i know they'll be struggling to be competitive these days!(so it's not good for ALL canadians!)

engineertwin2 · Post by **engineertwin2** » Mon Sep 24, 2007 5:37 am

Actually, a stronger Canadian dollar may benefit Americans more than Canadians. The balanced dollar may encourage Canagians to vacation to American destinations given the relative cheapness (compared to historical). More tourism dollars may mean a boost to local economies...

kevera · Post by **kevera** » Mon Sep 24, 2007 8:07 am

Quote, originally posted by engineertwin2 Â»Canagians ...(removed),eh!

Canadian Dollar now equals US Dollar

Canadian Dollar now equals US Dollar

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