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Canadian $$$
#11

Rostov Wrote:I remember backpacking through London back in 1992. I was stunned when 1 GBP =$2.41(CDN) A Canadian beer in London cost me almost $6!(bottled beer was only around $3 back home at the time)

whereas if i come over there with some money i've been saving, i can have a good holiday and buy a dick load of tech for cheaper with no tax Big Grin

god bless you,american consumerism
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#12

nooch Wrote:
Frankster Wrote:And then when you changed it back were you like "DOH!" or did you just lose it all?

Had good nights and bad nights at the Casino De, but always spent my wad on St Catherine's regardless. Never needed to convert Candian back to US after 1 of those trips Smile


I'd be curious to know where exactly on st catherines did you spend your wad? Super *** ? :lol:
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#13

At the Buffalo/Fort Erie area, it was always the strip clubs that took our money...lol.

Dont know about the St. Catherines guy...
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#14

So, does that mean my monopoly money is worth a lot too?
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#15

yeah, sure, its only in that currency tho.
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#16

Hi Rostov,

Actually from the economics point of view, a strong (Canadian) currency may not always be a good thing.

Benefits: it's cheaper when you buy/import goods from overseas or when you spend money overseas (on tours etc). If your country imports goods heavily, this also helps to combat inflation rates.

Drawbacks: Canadian manufactured goods that are exported overseas will become more expensive - This means reduced demand for Canadian goods, lowered competitiveness, and businesses closing down leading to job losses.
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#17

gametraden Wrote:Hi Rostov,

Actually from the economics point of view, a strong (Canadian) currency may not always be a good thing.

Benefits: it's cheaper when you buy/import goods from overseas or when you spend money overseas (on tours etc). If your country imports goods heavily, this also helps to combat inflation rates.

Drawbacks: Canadian manufactured goods that are exported overseas will become more expensive - This means reduced demand for Canadian goods, lowered competitiveness, and businesses closing down leading to job losses.


sigh the same thing is happening down here in aus-instead of getting 9001 beams/burning demo/solly unusuals from the mining boom we're getting 8999 flies/fetti pugilists/buckaroos. (if that makes any sense!).... Sad hooray for online shopping tho!
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#18

Shopping in the states should be cheap for us Canadians now Big Grin
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