# Canadian dollar = $1.05 US

**URL:** <https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [October 31, 2007, 7:03pm UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762 "2007-10-31T19:03:52Z")\
**Posts on this page:** 11\
**Page:** 6

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**Author:** ![Mindfield](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mindfield/32/19759_2.png) [@Mindfield](https://boards.straightdope.com/u/Mindfield)\
**Post date:** [November 13, 2007, 4:09am UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/101 "2007-11-13T04:09:24Z")

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Damn. That didn’t take long. I was hoping it would last out the Christmas season at least. 🙂

Oh well. I knew it wouldn’t last forever. It was fun while it lasted – at least I bought a few things while it was flying high.

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**Author:** ![Gorsnak](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gorsnak/32/7587_2.png) [@Gorsnak](https://boards.straightdope.com/u/Gorsnak)\
**Post date:** [November 13, 2007, 5:25am UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/102 "2007-11-13T05:25:56Z")

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I’m happy to say that I managed to purchase a whack of camera gear (online order from B&H) at very close to the peak. 🙂 Feeling just a tad smug about it, actually.

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**Author:** ![Manduck](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/manduck/32/256_2.png) [@Manduck](https://boards.straightdope.com/u/Manduck)\
**Post date:** [November 13, 2007, 7:43am UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/103 "2007-11-13T07:43:35Z")

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Oh well, back to 66 cents we go! 😉

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**Author:** ![Critical\_Mass](https://avatars.discourse-cdn.com/v4/letter/c/f1d935/32.png) [@Critical\_Mass](https://boards.straightdope.com/u/Critical_Mass)\
**Post date:** [November 16, 2007, 6:01am UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/104 "2007-11-16T06:01:04Z")

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$1.01552 CDN today.

Kind of feels like Charlie Gordon realizing that his journey was coming to an end.

It was a fun rid wile it lasted.

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**Author:** ![Sunspace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sunspace/32/1250_2.png) [@Sunspace](https://boards.straightdope.com/u/Sunspace)\
**Post date:** [November 16, 2007, 6:20am UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/105 "2007-11-16T06:20:55Z")

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1.013.

Looks like I’ll have to save up that extra hundred dollars for the software anyways. _sigh_

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**Author:** ![Muffin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/muffin/32/4341_2.png) [@Muffin](https://boards.straightdope.com/u/Muffin)\
**Post date:** [November 16, 2007, 4:56pm UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/106 "2007-11-16T16:56:25Z")

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Domtar’s Dryden mill is re-opening.

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**Author:** ![Mindfield](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mindfield/32/19759_2.png) [@Mindfield](https://boards.straightdope.com/u/Mindfield)\
**Post date:** [November 16, 2007, 5:17pm UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/107 "2007-11-16T17:17:15Z")

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On the rise again, currently at 1.028, though that could change by end of business. Hard to say where this is going but it looks like the peak has passed.

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**Author:** ![Muffin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/muffin/32/4341_2.png) [@Muffin](https://boards.straightdope.com/u/Muffin)\
**Post date:** [November 16, 2007, 6:26pm UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/108 "2007-11-16T18:26:41Z")

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Just had a call from a friend who returned from a multi-day power-shopping trip to the USA earlier this week. Looks like she timed it just right.

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**Author:** ![whitetho](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/whitetho/32/1059_2.png) [@whitetho](https://boards.straightdope.com/u/whitetho)\
**Post date:** [December 4, 2007, 10:38pm UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/109 "2007-12-04T22:38:14Z")

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With the end of the “irrational exuberance”, the Canadian dollar has now returned to its normal value of [less than a dollar of real money](http://finance.yahoo.com/currency). (A characteristically cogent editorial cartoon in [_The Onion_](http://www.theonion.com/content/cartoon/nov-12-2007) documented the danger to civilization this anomaly had posed). So, while it is possible that “the North shall rise again”, my prediction is that the Canadian currency will continue to spiral downward to reach its natural level, with the day not far off when one will be able to exchange, one-for-one, shiny U.S. quarters for Loonies, all-the-while being thanked for one’s generosity. And our salt mines will be staffed by energetic Canadian workers.

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**Author:** ![Sunspace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sunspace/32/1250_2.png) [@Sunspace](https://boards.straightdope.com/u/Sunspace)\
**Post date:** [December 4, 2007, 10:50pm UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/110 "2007-12-04T22:50:50Z")

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1 US = 1.01 Canadian. Sigh.

Looks like time to kick up the whispering campaign a notch.

“Hey, everyone! The US trade and budget deficit is still there! It hasn’t gone away! They’re too dependent on oil and spending too much on overseas military adventures while their infrastructure crumbles! Misplaced priorities! Misplaced priorities!”

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**Author:** ![Mindfield](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mindfield/32/19759_2.png) [@Mindfield](https://boards.straightdope.com/u/Mindfield)\
**Post date:** [December 5, 2007, 1:31am UTC](https://boards.straightdope.com/t/canadian-dollar-1-05-us/424762/111 "2007-12-05T01:31:18Z")

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Well, it was fun while it lasted. I indulged what I could (only just) afford and came out ahead, so I’m happy with that. It’d be nice though if the Loonie settled higher than it used to be – say, around $0.85 to $0.90 US. I wouldn’t complain _too_ much about that. 🙂

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