# Canadian dollar reaches parity with US dollar **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [September 20, 2007, 4:41pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876 "2007-09-20T16:41:57Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![matt\_mcl](https://avatars.discourse-cdn.com/v4/letter/m/7ab992/32.png) [@matt\_mcl](https://boards.straightdope.com/u/matt_mcl)\ **Post date:** [September 20, 2007, 4:41pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/1 "2007-09-20T16:41:57Z")
[CBC:](http://www.cbc.ca/money/story/2007/09/20/canadiandollar.html) > [@](#): > > The Canadian dollar reached parity with the U.S. greenback on Thursday for the first time since November 1976. > > The loonie briefly reached $1.0003 US on foreign exchange markets shortly before 11 a.m. ET, the Bank of Canada said. The loonie’s stint at parity was brief, however, as it later slipped back to just under $1 US. So let’s just dispense with the “Loonie is Canadian for quarter” jokes now, if you please. ---
**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:** [September 20, 2007, 5:15pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/2 "2007-09-20T17:15:28Z")
[QUOTE=matt\_mcl] [CBC:](http://www.cbc.ca/money/story/2007/09/20/canadiandollar.html) So let’s just dispense with the “Loonie is Canadian for quarter” jokes now, if you please. [/QUOTE] We needn’t dispesne with them; we’ll just put them in storage for later inversion. 😃 ---
**Author:** ![athelas](https://avatars.discourse-cdn.com/v4/letter/a/5e9695/32.png) [@athelas](https://boards.straightdope.com/u/athelas)\ **Post date:** [September 20, 2007, 5:18pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/3 "2007-09-20T17:18:08Z")
$1 Canadian? What’s that, like $1 in real money? ---
**Author:** ![levdrakon](https://avatars.discourse-cdn.com/v4/letter/l/49beb7/32.png) [@levdrakon](https://boards.straightdope.com/u/levdrakon)\ **Post date:** [September 20, 2007, 5:27pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/4 "2007-09-20T17:27:24Z")
Damn, and here I was just thinking about buying Canada. ---
**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:** [September 20, 2007, 5:57pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/5 "2007-09-20T17:57:05Z")
[QUOTE=athelas] [$1 Canadian? What’s that, like $1 in real money?](http://forums.fark.com/cgi/fark/comments.pl?IDLink=3080853) [/QUOTE] FTFY. 😃 I think I may have to see about ordering my next iPod online sooner than anticipated. Go Looney, go! ---
**Author:** ![Helen\_s\_Eidolon](https://avatars.discourse-cdn.com/v4/letter/h/8edcca/32.png) [@Helen\_s\_Eidolon](https://boards.straightdope.com/u/Helen_s_Eidolon)\ **Post date:** [September 20, 2007, 5:59pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/6 "2007-09-20T17:59:45Z")
Grrrrrr. Of course, it has to happen when I’m making American money. ---
**Author:** ![Kythereia](https://avatars.discourse-cdn.com/v4/letter/k/e8c25b/32.png) [@Kythereia](https://boards.straightdope.com/u/Kythereia)\ **Post date:** [September 20, 2007, 6:35pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/7 "2007-09-20T18:35:59Z")
This is so… eerie. It feels like I’ve unlocked this door with the key of imagination, and beyond it is another dimension–a dimension of sound, a dimension of sight, a dimension of mind. It feels like I’m moving into a land of both shadow and substance, of things and ideas. I feel like I’ve just crossed over somewhere, but I can’t put my finger on it… ---
**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:** [September 20, 2007, 6:43pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/8 "2007-09-20T18:43:50Z")
[QUOTE=Kythereia] This is so… eerie. It feels like I’ve unlocked this door with the key of imagination, and beyond it is another dimension–a dimension of sound, a dimension of sight, a dimension of mind. It feels like I’m moving into a land of both shadow and substance, of things and ideas. I feel like I’ve just crossed over somewhere, but I can’t put my finger on it… [/QUOTE] The Outer Limits? Hey, don’t knock it. Though the threat of US inflation looms on the horizon, it’s a good time to do some of that E-Commerce stuff. Of course, it figures that this happens when I’ve got heavy bills to pay off for the next few weeks. _sigh_ ---
**Author:** ![Cerowyn](https://avatars.discourse-cdn.com/v4/letter/c/82dd89/32.png) [@Cerowyn](https://boards.straightdope.com/u/Cerowyn)\ **Post date:** [September 20, 2007, 6:46pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/9 "2007-09-20T18:46:21Z")
You young’uns are so funny. When I first came to Canada, waaaay back in the 70’s, the Canadian dollar was hovering around par with the you ess greenback. ---
**Author:** ![Trunk](https://avatars.discourse-cdn.com/v4/letter/t/87869e/32.png) [@Trunk](https://boards.straightdope.com/u/Trunk)\ **Post date:** [September 20, 2007, 7:01pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/10 "2007-09-20T19:01:27Z")
Don’t get too high and mighty about your money. The blame lies entirely with your retarded brother to the south. You haven’t done much against other currencies, or oil, wheat, etc. It’s just that we’ve thrown the dollar into the shitter in this country. I don’t have much beyond an Econ 101 concept of it, but this essentially bails out SOME stupid home buyer, and plenty of greedy wall streeters. Who pays for it? Those of us with savings accounts, and those of us for whom milk, bread, and energy make up a large portion of our daily expenses. Yeah, the well-invested take the hit on those things, too, but it’s a little easier to bear when your million dollar portfolio just bumped up $20,000. The fact that we ran out of money to service our personal debt has not gone away. It’s just being paid for in other ways, and being spread out a bit to those who were responsible in the first place. I’m going to assume the Fed knows what it’s doing, but this seems to me like a kid overspent his allowance, and his parents decided to correct the problem by raising it. ---
**Author:** ![Throatwarbler\_Mangrove](https://avatars.discourse-cdn.com/v4/letter/t/8c91f0/32.png) [@Throatwarbler\_Mangrove](https://boards.straightdope.com/u/Throatwarbler_Mangrove)\ **Post date:** [September 20, 2007, 7:11pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/11 "2007-09-20T19:11:49Z")
> [@](#): > > You haven’t done much against other currencies, or oil, wheat, etc. You realize that Canada is a big producer of both oil and wheat, right? ---
**Author:** ![Seven](https://avatars.discourse-cdn.com/v4/letter/s/3d9bf3/32.png) [@Seven](https://boards.straightdope.com/u/Seven)\ **Post date:** [September 20, 2007, 7:20pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/12 "2007-09-20T19:20:33Z")
[QUOTE=Trunk] You haven’t done much against other currencies, or oil, wheat, etc. [/QUOTE] That’s not true. The Canadian dollar is getting stronger on other currencies as well. In the past 120 days it has grown stronger against; Euro (.64 \> .71) Pound (.43 \> .49) Swiss Franc (1.04 \> 1.17) Yen (1.02 \> 1.14) Danish Krone (4.79 \> 5.22) Australian Dollar (1.05 \> 1.15) Chinese Yuan (6.70 \> 7.40) US Dollar (0.85 \> 1.00) You can check these figures [here](http://www.x-rates.com/). The US dollar tanking is beside the point. ---
**Author:** ![elmwood](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/elmwood/32/3060_2.png) [@elmwood](https://boards.straightdope.com/u/elmwood)\ **Post date:** [September 20, 2007, 8:05pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/13 "2007-09-20T20:05:00Z")
_Canadian dollar reaches parity with US lira._ Fixed that for you. ---
**Author:** ![Captain\_Socks](https://avatars.discourse-cdn.com/v4/letter/c/a8b319/32.png) [@Captain\_Socks](https://boards.straightdope.com/u/Captain_Socks)\ **Post date:** [September 20, 2007, 8:11pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/14 "2007-09-20T20:11:12Z")
And when the U.S. dollar, the Canadian dollar, and the Mexican peso all line up in value, the world will essplode! 😃 ---
**Author:** ![detop](https://avatars.discourse-cdn.com/v4/letter/d/bcef8e/32.png) [@detop](https://boards.straightdope.com/u/detop)\ **Post date:** [September 20, 2007, 9:02pm UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/15 "2007-09-20T21:02:35Z")
Our next goal : to ensure parity between the US dollar and [this](http://ragandbone.com/bloggerimages/2007_04_15_money/canadian_tire_money/00.jpg) currency 😃 ---
**Author:** ![GingerOfTheNorth](https://avatars.discourse-cdn.com/v4/letter/g/cdc98d/32.png) [@GingerOfTheNorth](https://boards.straightdope.com/u/GingerOfTheNorth)\ **Post date:** [September 21, 2007, 1:28am UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/16 "2007-09-21T01:28:16Z")
[QUOTE=Throatwarbler Mangrove] You realize that Canada is a big producer of both oil and wheat, right? [/QUOTE] Hooray, Alberta! ---
**Author:** ![Cat\_Whisperer](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cat_whisperer/32/4839_2.png) [@Cat\_Whisperer](https://boards.straightdope.com/u/Cat_Whisperer)\ **Post date:** [September 21, 2007, 3:30am UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/17 "2007-09-21T03:30:54Z")
[QUOTE=Trunk] Don’t get too high and mighty about your money. The blame lies entirely with your retarded brother to the south.\ [/quote] I wouldn’t say that entirely. Canada is having a smoking hot economy right now, and I don’t think that can be completely attributed to the U.S. being extremely shaky. > [@](#): > > You haven’t done much against other currencies, or oil, wheat, etc. > \ Funnily enough, Canada is the biggest supplier of oil to the U.S. 😃 I’m going to go buy some money tomorrow. ---
**Author:** ![Frank](https://avatars.discourse-cdn.com/v4/letter/f/3d9bf3/32.png) [@Frank](https://boards.straightdope.com/u/Frank)\ **Post date:** [September 21, 2007, 3:37am UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/18 "2007-09-21T03:37:19Z")
[QUOTE=Helen’s Eidolon] Grrrrrr. Of course, it has to happen when I’m making American money. [/QUOTE] I’m not exactly delighted about my timing either. I’m almost out of U.S. money, which will, of course, signal a market correction. ---
**Author:** ![Seven](https://avatars.discourse-cdn.com/v4/letter/s/3d9bf3/32.png) [@Seven](https://boards.straightdope.com/u/Seven)\ **Post date:** [September 21, 2007, 4:57am UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/19 "2007-09-21T04:57:16Z")
[QUOTE=detop] Our next goal : to ensure parity between the US dollar and [this](http://ragandbone.com/bloggerimages/2007_04_15_money/canadian_tire_money/00.jpg) currency 😃 [/QUOTE] You know, if you think about it, it already is. Saying the US Dollar is par with Canadian Tire Money is more insulting somehow. 😃 ---
**Author:** ![Antinor01](https://avatars.discourse-cdn.com/v4/letter/a/ecae2f/32.png) [@Antinor01](https://boards.straightdope.com/u/Antinor01)\ **Post date:** [September 21, 2007, 5:02am UTC](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876/20 "2007-09-21T05:02:37Z")
[QUOTE=featherlou] I wouldn’t say that entirely. Canada is having a smoking hot economy right now, and I don’t think that can be completely attributed to the U.S. being extremely shaky. [/QUOTE] That line was funnier the first time I read it. Of course, I read it as Canada is having a smoking pot economy right now… [Next page](https://boards.straightdope.com/t/canadian-dollar-reaches-parity-with-us-dollar/419876.md?page=2)