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It was the 2007/2008 Financial meltdown where US Real Estate and Leman brothers collapse. Oil went crazy (Tar Sands) and Canada was able to weather virtually un
by hourislate 5y ago
It was the 2007/2008 Financial meltdown where US Real Estate and Leman brothers collapse. Oil went crazy (Tar Sands) and Canada was able to weather virtually unscathed (due to strict mortgage and banking rules. The CAD went from trading at like .81 USD to 1.18 USD withing a year (if memory serves me correctly).