Quote:
Originally posted by SmutGiant
I deposited some sponsor checks today and JESUS it was 1.15!!!! Time to open a U.S. account and hold on to all my U.S.
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I'm expecting a slight re-bound to 1.20, then more tanking.
With any luck, Nortel will get de-listed and that will bring the TSE down and weaken our dollar and prop the rate up temporarily.
Canada is fucked if the dollar stays are 85 cents US. The only response to this you will see from the gov't is going to be endless interest rate hikes.