RE: Canadian Dollar Move2 reasons for the CD$ move resumption (important to realize this is a resumption; it wasn't too long ago that the $0.92 dollar was $0.63.):
#1: Commodities: oil & gas, precious metals and base metals. Canada has them all and they have all been in the upswing for a few years. Also, if the commodity isn't coming from Canada, well there's a decent chance the company has registered itself in Canada (see Saturday's G&M article). Not a significant economic contributor in itself, but a reminder of Canada as a commodities centred economy.
#2: Inflationary pressures borne out of the above (largely) and related economic booms. This creates pressures to raise Canadian interest rates to keep inflation in check, which in turn makes Canadian bonds more attractive to investors boosting investment demand in CD$ denominated instruments, and in turn hiking the currency on a demand basis.
The Canadian economic boom is more prevalent in the geographic oil & gas centre of Alberta (western Canada). House prices have tripled, jobs for everyone ($1000 signing bonuses for waiters/waitresses; and $17/hr. to work the drive-through window at Tim Horton's which close on holidays because no one will work, etc.). The Chinese have been scouting the Alberta oil sands, the second greatest store of oil in the world. They know their demand for oil is going to accelerate hugely.
I wouldn't be surprised to see CD$ reach parity with US$ within 9-18 months, as a combination of further CD$ strength and US$ decline. This only spells good for US$ based investors in T-SVM and other CD$ denominated investments.