20 Sep 2007 tonyyarusso   » (Apprentice)

So, I had been thinking perhaps we’d see it sometime this winter. Maybe next spring/summer at the latest. What I hadn’t expected was dollar parity already in September! What am I talking about? Well, turns out the Canadian Dollar surged past the US greenback in value earlier this morning. It settled down slightly after that, but is still trading at 0.999102 CDN per USD at the time of this writing.

Possibly most entertainingly, Bush commented in a news conference that he thought the US economy was still strong and healthy. Sometimes I wonder which leader in the “war on terror” spends more time in caves.

On to the links:
$1 Cdn = $1 US (CBC)
Canadian dollar hits parity with greenback (CTV)
Canadian Dollar Trades Equal to U.S for First Time Since 1976 (Bloomberg)

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