Good ole North American free enterprise . Emphasis here on the North . People gaining substantial buying power so the banks devalue the loonie and the prices go up. Fast. never works the other way to bring lower prices when the loonie value rises. Another method for the 10 % of the folks who have 90 % of the wealth to maintain and attempt to expand their stake. Lots of folks cross border shopping including online now . Canuck merchants taking a hit now offloading their deficits to the less fortunate minority without the ability to capitalize on the state of the global market. IMHO.
The Krink said
2:38 AM, 09/13/11
The whole I-5 corridor north of Seattle is setup to reap the benefits of the Canadian shoppers. Funny money is worth more than our dollar. Remember over the past years where the Canadian dollar was worth about 78 cents. Gawd you check your change all the time because you might have gotten a Canadian coin. And merchants were always trying to give you Canadian coins in change so they wouldn't take the loss. My how the times have changed. You can bet that every Canadian visitor/motorist will have a full tank of gas before heading home.
All the news that fits...sort of. The perspective in Alberta, at least. Edmonton specifically.
http://edmonton.ctv.ca/servlet/an/local/CTVNews/20110912/global-stock-markets-110912/20110912/?hub=EdmontonHome
Good ole North American free enterprise . Emphasis here on the North . People gaining substantial buying power so the banks devalue the loonie and the prices go up. Fast. never works the other way to bring lower prices when the loonie value rises. Another method for the 10 % of the folks who have 90 % of the wealth to maintain and attempt to expand their stake. Lots of folks cross border shopping including online now . Canuck merchants taking a hit now offloading their deficits to the less fortunate minority without the ability to capitalize on the state of the global market. IMHO.
The whole I-5 corridor north of Seattle is setup to reap the benefits
of the Canadian shoppers. Funny money is worth more than our
dollar. Remember over the past years where the Canadian dollar
was worth about 78 cents. Gawd you check your change all the time
because you might have gotten a Canadian coin. And merchants
were always trying to give you Canadian coins in change so they
wouldn't take the loss. My how the times have changed.
You can bet that every Canadian visitor/motorist will have a full
tank of gas before heading home.