Saw this one in the paper last week.
I know the dollar was gaining fast, but that’s pretty impressive.
Saw this one in the paper last week.
I know the dollar was gaining fast, but that’s pretty impressive.
Apparently on Thursday, for the first time (in recent history, I’m guessing), there were more stories worldwide about the Canadian dollar than about Paris Hilton in the mainstream media. Apparently for no particular reason either.
Talk about a horrible job, counting Paris Hilton articles on a daily basis.
And take a wild guess which of these two topics La Presse used to illustrate the story.
For the first time in 30 years, the Canadian dollar closed above the U.S. dollar in trading today.
Yeah, that’s more about the U.S. dollar being in freefall, but it gives me an excuse to re-post my graphic:
For the weekend at least, Canadians can cross the border into the U.S. and demand “real money” instead of their silly green-coloured paper.
A Globe story about the dollar’s surge curiously linked to a Stephen Colbert video ranting about the dollar. I wanted to watch it, but the Globe’s video player “cannot be played on a Macintosh.” What is this, 1998?
For those interested, Comedy Central has the video (legally) online.
Oh how I’ve waited for this day:
Yeah, the dollar closed at 99.87 cents, but that momentary 0.04% advantage we had is enough, and it will come again.
And yes, a high-valued dollar is bad for our export industry and it doesn’t encourage people to come shop here, but who needs a manufacturing industry when you can have a little national pride?