Canadian dollar continues to drop after warnings about stronger currency - GoFuckYourself.com

Azoy? · 11-15-2007, 10:03 AM

Looks like Canadian webmasters are in for good news

By The Canadian Press
ADVERTISEMENT

TORONTO - The Canadian dollar continues to fall in the wake of a stern warning from a senior official of the Bank of Canada about the economic downside of a sharply higher currency. The currency dropped about six-tenths of a cent this morning to 102.86 cents US after falling almost eight-tenths of a cent Wednesday.

The loonie has been on a downward track since hitting a record high a week ago of just over 110 cents US, at the same time oil prices were creeping closer to US$100 a barrel.

http://ca.news.yahoo.com/s/capress/loonie

BOSS1 · 11-15-2007, 10:24 AM

Sweeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeettt

RuthB · 11-15-2007, 10:25 AM

they must've been reading GFY and saw everyone bitching, eh?

ronaldo · 11-15-2007, 10:26 AM

"As of last week, the Canadian dollar was up about 25 per cent this year."

Ugh, that's just sick.

Snake Doctor · 11-15-2007, 10:30 AM

LadyMischief · 11-15-2007, 10:39 AM

YAY for the dive of the Loonie!

Shagbunny · 11-15-2007, 10:40 AM

can i get an amen!

LadyMischief · 11-15-2007, 10:40 AM

It's a good thing you only pay taxes on what you actually get in your bank account, because I damn near dropped a tax bracket just on the exchange rate. That is truly sick.

ronaldo · 11-15-2007, 10:47 AM

Quote:

Originally Posted by LadyMischief

It's a good thing you only pay taxes on what you actually get in your bank account, because I damn near dropped a tax bracket just on the exchange rate. That is truly sick.

Now all you have to worry about is going through an audit because of the massive income drop. I can't wait.

Tempest · 11-15-2007, 04:07 PM

Quote:

Originally Posted by Shagbunny

can i get an amen!

Amen!!!!

RawAlex · 11-15-2007, 04:08 PM

Rate right now off XE is 1.01360... good news.

RegUser · 11-15-2007, 04:27 PM

Quote:

Originally Posted by RawAlex

Rate right now off XE is 1.01360... good news.

.9878 atually
you will get 975 CAD for 1000 $ ....lets hope for the best tonight

LadyMischief · 11-15-2007, 04:52 PM

Quote:

Originally Posted by ronaldo

Now all you have to worry about is going through an audit because of the massive income drop. I can't wait.

Nope, already did an audit a year or so ago.. ;) All good now and we made nice nice with the auditor. Hopefully that's helpful

minniesoporno · 11-15-2007, 04:56 PM

Quote:

Originally Posted by Azoy?

Looks like Canadian webmasters are in for good news

By The Canadian Press
ADVERTISEMENT

TORONTO - The Canadian dollar continues to fall in the wake of a stern warning from a senior official of the Bank of Canada about the economic downside of a sharply higher currency. The currency dropped about six-tenths of a cent this morning to 102.86 cents US after falling almost eight-tenths of a cent Wednesday.

The loonie has been on a downward track since hitting a record high a week ago of just over 110 cents US, at the same time oil prices were creeping closer to US$100 a barrel.

http://ca.news.yahoo.com/s/capress/loonie

Yea Saw it on the 530 news I cracked open some wine, just in time for my website launch.

RawAlex · 11-15-2007, 05:13 PM

The government is under substantial pressure to put the loonie under the US dollar, to stop some of the problems that have cropped up. The bank of canada, while it is an independant organization, can also feel the pressure. I would expect to see maybe a 0.25% drop in interest rates just to signify that they aren't going to tolerate such a high value loonie.

The downside is that as the loonie drops, the price of gas at the pumps goes up.

minniesoporno · 11-15-2007, 05:43 PM

TD Bank conversion calculator says
Conversion : 0.97 CAD [exchange rate: 0.9674]

Iron Fist · 11-15-2007, 07:04 PM

Quote:

Originally Posted by RawAlex

The downside is that as the loonie drops, the price of gas at the pumps goes up.

I wish the opposite was true though... i'm in Winnipeg, and gas hasn't moved from $1.04 a litre for almost 2 weeks...but I can guarantee that they will raise prices again to hover closer to $1.10 a litre with all this currency bullshit.

madfuck · 11-15-2007, 07:15 PM

oh wow sweet mother of god thats interesting

11-15-2007, 10:03 AM	#1
Azoy? Confirmed User Join Date: Aug 2005 Posts: 2,178	Canadian dollar continues to drop after warnings about stronger currency Looks like Canadian webmasters are in for good news By The Canadian Press ADVERTISEMENT TORONTO - The Canadian dollar continues to fall in the wake of a stern warning from a senior official of the Bank of Canada about the economic downside of a sharply higher currency. The currency dropped about six-tenths of a cent this morning to 102.86 cents US after falling almost eight-tenths of a cent Wednesday. The loonie has been on a downward track since hitting a record high a week ago of just over 110 cents US, at the same time oil prices were creeping closer to US$100 a barrel. http://ca.news.yahoo.com/s/capress/loonie

11-15-2007, 10:24 AM	#2
BOSS1 Confirmed User Join Date: Sep 2005 Location: Montreal / Sparta Posts: 4,331	Sweeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeettt __________________ NEW SITE: Stockings Kingdom Lesbians in Latex, Lesbians in Stockings, Granny Sex, BDSM Porn, Latex and Sex, Custom Foot Fetish, Femdom Movies and Kinky Porn Pass. 300+ hosted flvs, 500+ hosted galleries, Page Peel ADs.. NATS export and payouts twice a month

11-15-2007, 10:25 AM	#3
RuthB Let's Get Paxumized! Industry Role: Join Date: May 2005 Location: Vancouver, Canada Posts: 7,247	they must've been reading GFY and saw everyone bitching, eh? __________________ Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure! Paxum ...... Paxum Bank Email: [email protected] ~ Telegram: PaxumRuth

11-15-2007, 10:30 AM	#5
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	__________________ sig too big

11-15-2007, 10:39 AM	#6
LadyMischief Orgasms N Such! Industry Role: Join Date: Sep 2002 Location: Oakville, Ontario Posts: 18,135	YAY for the dive of the Loonie! __________________ ICQ 3522039 Content Manager - orgasm.com [email protected]

11-15-2007, 10:26 AM	#4
ronaldo Confirmed User Join Date: Jan 2002 Location: ICQ#: 272000271 Posts: 5,475	"As of last week, the Canadian dollar was up about 25 per cent this year." Ugh, that's just sick.

11-15-2007, 10:40 AM	#7
Shagbunny Confirmed User Industry Role: Join Date: Oct 2007 Location: wut Posts: 3,028	can i get an amen!

11-15-2007, 04:08 PM	#11
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	Rate right now off XE is 1.01360... good news.

11-15-2007, 05:13 PM	#15
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	The government is under substantial pressure to put the loonie under the US dollar, to stop some of the problems that have cropped up. The bank of canada, while it is an independant organization, can also feel the pressure. I would expect to see maybe a 0.25% drop in interest rates just to signify that they aren't going to tolerate such a high value loonie. The downside is that as the loonie drops, the price of gas at the pumps goes up.

11-15-2007, 05:43 PM	#16
minniesoporno Confirmed User Industry Role: Join Date: Nov 2004 Location: Toronto Canada Posts: 1,150	TD Bank conversion calculator says Conversion : 0.97 CAD [exchange rate: 0.9674]

11-15-2007, 07:15 PM	#18
madfuck Registered User Join Date: Oct 2004 Posts: 2,032	oh wow sweet mother of god thats interesting