[Newsbot]

Title: What the plummeting loonie means for our economy
Category: Business
Posted By: N_Fiddledog
Date: 2015-07-23 00:04:50
Canadian

[martin14]

To whoever reads the article, manufacturing in Ontario isn't coming back, Wynne will see to it personally.

The dollar slide will get even worse when the US Fed starts raising rates in the fall, and we can't.

Prepare yourselves...

[BartSimpson]

Damn. Looks like we sold off the condos in the nick of time!

[martin14]

Regina Regina:

Means I'm going to hold off buying this.

http://www.cookshack.com/store/Smokers_ ... odel-SM025

On the contrary, you should buy it now or it will get even more expensive !

At least, you can tell the wife that.

BartSimpson BartSimpson:

Damn. Looks like we sold off the condos in the nick of time!

If you took your CDN profit, and moved it now into a USD account in Canada,
easy extra profit when the dollar slides under 70cents.
I don't see anything stopping it for now.

[BartSimpson]

martin14 martin14:

If you took your CDN profit, and moved it now into a USD account in Canada,
easy extra profit when the dollar slides under 70cents.
I don't see anything stopping it for now.

We had to put it into a USD account because the bank won't let us do a CDN$ account anymore due to the IRS' new rules.

We inadvertently benefited from this.

Mrs. Bart and I are planning a week in Vic in October and at least we'll save a little money on the trip if things don't pick up.