Loonie Parity: Sound off!

[somecanuckchick]

The Loonie is trading (almost) on par with the US$... Great for Canadian consumers who frequent places (like B&H) whose prices reflect the current exchange rates. Bad for people like myself, who have US clients, and get paid in US$... and get screwed with the exchange.

If you like on the fine continent of North Am., let's here how you feel about the Loonie, and its quest for parity.

Will this entice you to travel to Canada/US more, or less? Will this increase your spending between the 2 countries? Do you really not care one way, or the other?

Sound off!

 

[dcsang]

Parity = Ability To Buy More Gear At Reasonable Prices From B&H or other retailers/sellers

More Gear = More Happiness

Therefore:
Parity = More Happiness 😀

Dave

 

[Nikon Bob]

If you have US clients and were charging them the same dollar amount as your Canadian clients then you were reaping an unearned benefit of the old exchange rate. OTH if your rate was adjusted to take into account the difference then both types of clients would be paying the same amounts in their native currency. I hope that is not too harsh a view. As for the new exchange rate, it will not make much difference to me not being a huge gear buyer.

Bob

 

[somecanuckchick]

Parity = Ability To Buy More Gear At Reasonable Prices From B&H or other retailers/sellers

More Gear = More Happiness

Therefore:
Parity = More Happiness 😀

Dave

"It's a black day for manufacturing and for tourism and hospitality and gaming. A whole lot of the economy is going to be impacted by this dollar and that's just tragic," Mr. Hargrove said.

 

[Nikon Bob]

There are going to winners and losers with the rapid and drastic rise in the exchange rate so you just have to ride the storm. In 1971, I think it was, the Canadian Dollar was worth about $1.16 US for a short while. This could be very interesting.

Bob

Sorry, very bad memory. How about 1970 and $1.05 US.

 

[anselwannab]

It's all about the North American Union!!!! At parity, it makes easier for Canada to slip in as the 51st state (or America the 11th province)! Watch out for the Black helicopters!!!!!