Canadian $ is getting hammered...

[GO-NAD!]

Right now might be the best time for Americans to visit and/or buy stuff up here, as our dollar is at US 0.76. A lot of items will be very good values for Americans, because there is still stuff on shelves that was priced before our dollar tanked. It won't be the same in a few months when the inevitable inflation causes prices to jump.

When I took my family to Disneyworld in 2010, we pre-cleared US Customs & Border Protection before departure. Of course, the US was in a major slump at the time and the agent we were dealing with said: "Please spend lots of money down there, we need it". And, we did.

Well, now it's time to return the favour.

 

[Alex2507]

Favor.

 

[Chu Gai]

What are some of the items that will be good values?

 

[GO-NAD!]

What are some of the items that will be good values?

Well, what are you looking for? It was a general statement, not related to any specific items. I suppose you could just poke around some Canadian online retailer websites - depending on what you're looking for. Or, just play tourist and spend lots of money while you're here.

 

[Irvrobinson]

No problem. I suspect we'll see US-based companies increasing their acquisition activity of Canadian companies. That'll be a nice transfer of wealth. The tourism-related stuff is probably a drop in the bucket compared to acquisitions.

 

[ski2xblack]

Just went to Olympia and spent some ducats on yummy dead fish meat. Nice place; great sushi.

 

[Adam]

I like your new nickname, G-N. It's catchy.

 

[3db]

What are some of the items that will be good values?

Canadian beer!!!

 

[3db]

I'm glad I snagged my Rythmik sub when I did. I can't afford it now.

 

[GO-NAD!]

No problem. I suspect we'll see US-based companies increasing their acquisition activity of Canadian companies. That'll be a nice transfer of wealth. The tourism-related stuff is probably a drop in the bucket compared to acquisitions.

Not quite what I was thinking about, but I guess that's fair. When US real estate tanked and the dollars were at par, lots of Canadians bought properties at fire sale prices. They'll be making out like bandits now...of course, I'm not one of them.

 

[TheWarrior]

My wife and I still have not taken our honeymoon to Victoria, BC. We love it there, and hope to retire there some day! The people are just incredible! I could live in Butchart Gardens...

 

[Alex2507]

My wife and I ...

Good cover story.

Vancouver Island is beautiful.

 

[Big Jake]

Sure would like to find a deal on a pair of Paradigm Reference Studio 40 v4's in cherry. That would make my man cave very happy.

 

[TheWarrior]

Good cover story.

Vancouver Island is beautiful.

The trouble is that she is a wife, and therefore we cannot afford to go back ;-)

 

[Alex2507]

The trouble is that she is a wife, and therefore we cannot afford to go back ;-)

It always comes down to money but that's okay. Most of the time I'm happy being good looking instead of rich.

 

[Lulimet]

Right now might be the best time for Americans to visit and/or buy stuff up here

Except that everything always seem to cost a good 30% or more up there so I don't see the value even with the weaker Canadian dollar.

 

[Alex2507]

Except that everything always seem to cost a good 30% or more

How about weed? What's a quarter go for up there?

Yes, I'm 12.

 

[psbfan9]

It's hard to take a financial crisis seriously when your dollar is called the Loonie.

Yes, I'm 12er than Alex.