3 ms·
This was a very very brief moment when the CAD appreciated. Are you sure you didn’t just end up coming of age at a particular moment, specifically 2006-2012? B
by foobiekr 3y ago
This was a very very brief moment when the CAD appreciated. Are you sure you didn’t just end up coming of age at a particular moment, specifically 2006-2012?
Because otherwise the exchange rate has been about where it is now to substantially worse for the rest of the data set.
- jessekv 3y agoI read their comment differently than you did. I think the point they are making about exchange rates goes like this: The dollar amount in CAD was normally higher than the equivalent in USD. For example, next to the bar code on the back of a paperback, it would list the prices as $15 USD or $20 CAD. Many other goods have similar price differences. Lately in the US it seems like a lot of prices are increasing to the same number value, despite the exchange rate.
- grecy 3y ago> Are you sure you didn’t just end up coming of age at a particular moment, specifically 2006-2012? I'm 42, so, ah, no. What I mean is that basically since forever things were cheaper in the US than in Canada. Gas? 25%-50% cheaper. Cheese (of course) 50% cheaper. Electronics, cars, clothes, hotels, beer, food at restaurants, etc. etc. Now, everything is more expensive in the US than Canada.