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09-20-2007, 10:16 AM
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Loonie Hits Parity
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Money & Simple Living Mod
Join Date: Dec 2006
Posts: 4,357
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For those of you who don't speak Canadian, the Loonie, is our Canadian dollar, named after the coin with a loon on the back.
Just today, for the first time since 1979, the Canadian dollar is equal to the US dollar.
Whoo Hoo, I'm going to order something from Landsend this afternoon. (just kidding).
Ok, but what I'm wondering is....
1) Why do we still pay 30% more for books (and have been for years). I want to pay the same now.
2) Why is the Canadian economy doing so well now while the American economy seems to be struggling to hold on? Does it really have all that much to do with the housing fall out?
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