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Member Since: 6/2007Last Seen: 10/04/2009

Canadian dollar hits parity with greenback

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The Canadian dollar reached parity Thursday morning with the U.S. currency for the first time in nearly 31 years. The loonie was supported by lofty commodity prices, a strong domestic economy and concerns about a U.S. economic slowdown.

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{"commentId":1038557,"authorDomain":"O-K"}

Does this mean the Canadian economy is getting better or the US getting worse?

{"commentId":1038557,"threadId":"152668","contentId":"974671","authorDomain":"O-K"}
  • 1 vote
Reply#1 - Thu Sep 20, 2007 2:43 PM EDT
{"commentId":1039410,"authorDomain":"onlynow99"}

I think some of both. It's not a good thing for Canadians though. Their tourist industry is going to be hurt badly.

{"commentId":1039410,"threadId":"152668","contentId":"974671","authorDomain":"onlynow99"}
    #1.1 - Thu Sep 20, 2007 7:53 PM EDT
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