March 05, 2016

Cross Border Talking: What does the falling Loonie mean to Americans?

Jason & MattRebel Commentators

In this instalment of Cross Border Talking, I ask Americans if they've taken advantage of the low Canadian dollar by shopping north of the border.

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commented 2016-03-10 21:31:51 -0500
“In their (wisdom?) the liberals sold off all of Canada’s gold reserves so I suspect the plan is to back the dollar with debt instruments like bonds or flakey US dollars”

That was already the case. Even when Canada held a small amount of residual gold (around 0.3% of its maximum holdings 50 years ago; the majority, 600 tonnes or so, sold by Mulroney) it meant nothing to the currency, worth a hundred million dollars or so, considerably less than even physical circulating currency let alone the higher “M” currency numbers, which are trillions of dollars. The dollar ceased to be pegged to the USD in the early 1970s.
commented 2016-03-05 17:16:07 -0500
What happened to the money Justin received for our Gold. Liberal Slush Bucket or Muslim pocket money?
commented 2016-03-05 17:12:24 -0500
They won’t be coming to Canada to shop once Trudope and Wynn implement their carbon tax schemes as the difference in their dollar won’t mean much when our prices go up because of these carbon tax schemes. So much for the low dollar helping our economy.
commented 2016-03-05 16:37:30 -0500
you will notice that even though a while ago our Canadian dollar was at around par with the US, our dollar has never in history been the nearly half again as much over the American dollar like theirs is to ours now. plus we have to sell our oil to the US so we can buy it back for twice as much because we love getting fucking gang raped to death for prices on gas and everything else. Canadians want corruption and want to be slaves to this system because we personally have no value at all. we are all here to worship government corruption because we love evil. we love ISIS and want them to cut our heads off so we don’t get called racists, we love it when women kill their unborn children, we love it when gang shootings happen in our neighborhoods that’s why we have hug a thug courts, we hate men here especially if they are white conservative Christians, and everybody knows that Justin Trudeau created the universe and we all enjoy living on our knees sucking his pretty boy dick.
commented 2016-03-05 14:37:52 -0500
For Canadians it means a gross increase in the vast array of the finished goods we must import due to our hollowed out industrial capacity and seasonally limited agricultural productivity. Ultimately a major spike in the cost of living many will not be able to afford as wages fail to outpace taxation/inflation.

In their (wisdom?) the liberals sold off all of Canada’s gold reserves so I suspect the plan is to back the dollar with debt instruments like bonds or flakey US dollars – this s just the beginning of the fun ride into economic winter with this current inept Liberal regime.
commented 2016-03-05 13:28:44 -0500
The dollar may be lower for Buffalo, but isn’t Wynne increasing taxes to compensate? I think that was one of her justifications for the 4.3 cent tax on gasoline wasn’t it; that the price was lower so the consumer wouldn’t mind the tax?

Regarding sausage, I don’t know about Ontario’s meat industry, but certainly I can see Americans coming to Saskatchewan and Alberta for well prepared and flavoured Ukrainian sausage. In facr it is lunch time for me now, so I think I will take my own advice and partake of some garlic coil.