RE:why is the canadian dollar going down, downNothing to worry, let the US screwup more in the coming months and then if the oil is above $100, CAD will improve. CANADIAN businesses don’t like CAD going above USD though. With the difference they make huge, as the employee salaries stay the same in CAD. Overall, pretty much screwed consumers, that is what CANADIAN businesses see customers.
armordeck wrote: when the price of oil is so high. Last time oil was $150 a barrel the canadian dollar was $1.08 to the U.S. dollar???????????