Originally Posted by bronco67 (Post 20326027)

This means that for every six French Canadian escorts you fuck, one will be like getting a freebie.

Originally Posted by ********** (Post 20325550)

Dynabitch doesn't understand. He tries, but..

Originally Posted by the Shemp (Post 20325490)

that's awesome ...:thumbsup

Originally Posted by dyna mo (Post 20325586)

The slide in oil prices will probably cut Canadian economic growth by 1/3 of a percentage point in 2015, not the 1/4 point the Bank of Canada estimated in late October, bank Governor Stephen Poloz told Reuters on Friday.

He was speaking on the sidelines of an International Monetary Fund forum in Santiago two days after he held the central bank's policy rate steady at 1 percent. In the interest rate decision, he pointed to the stimulative impact of U.S. economic strength but also to the chilling effect on Canada, a major oil exporter, of cheaper crude.

"When we're predicting growth somewhere between 2 and 2.5 percent, 0.3 (the percentage point reduction from oil) or thereabouts is an important factor. That's downside risk," Poloz said in Santiago.

On Oct. 29, he had estimated the effect of the lower oil price on economic growth to be a quarter point, but prices have continued to slide since then.

He said that while lower oil is negative for the Canadian economy, it is a little positive for the United States, and that it has a spillover effect in the form of stronger U.S. demand for Canadian goods. But the U.S. economy is performing well independently of the oil price, he said, and the lower Canadian dollar is also helping to lift Canadian growth.

Originally Posted by dyna mo (Post 20325593)

In the past five years, sales by U.S. renewable-energy companies increased at a 49 percent annual rate, while sales by oil, gas and coal companies climbed 9.4 percent. Renewable-power production rose to a record 252 million megawatt-hours in 2013, data compiled by Bloomberg show. Oil generated 13 million megawatt-hours, down 88 percent since 2003.

Originally Posted by Ramster (Post 20326483)

You keep quoting OIL prices and trends and whatnot and the thread was started in relation to the CANADIAN DOLLAR vs USD. As Canadians we are VERY HAPPY the dollar is going down. It is good for all of us that work online, it is good for Canadian exports and it is great for tourism which took a massive hit when the Canadian dollar was on par with the US.

Originally Posted by Ramster (Post 20326483)

You keep quoting OIL prices and trends and whatnot and the thread was started in relation to the CANADIAN DOLLAR vs USD. As Canadians we are VERY HAPPY the dollar is going down. It is good for all of us that work online, it is good for Canadian exports and it is great for tourism which took a massive hit when the Canadian dollar was on par with the US.

Originally Posted by brassmonkey (Post 20326083)

Originally Posted by Ramster (Post 20326483)

You keep quoting OIL prices and trends and whatnot and the thread was started in relation to the CANADIAN DOLLAR vs USD. As Canadians we are VERY HAPPY the dollar is going down. It is good for all of us that work online, it is good for Canadian exports and it is great for tourism which took a massive hit when the Canadian dollar was on par with the US.

Originally Posted by rabbit (Post 20325692)

the trend has been in the making since 2013. lower gold & oil prices only made it accelerate. now Canada is facing a recession due to the end of a very long secular commodity bull market AND a looming real estate crisis. a double whammy coming up. and all of us running operations in Canada while getting revenue in USD are going to look like kings for years to come. I'm glad I rode out the low in the CAD/USD in 2010-2012 instead of shifting more operations to the US when it seemed to make sense. too bad for everyone else living here though...

Originally Posted by incredibleworkethic (Post 20347135)

Canadian dollar always fluctuates.

Hoping to see it hit .70 USD, but no less, and not for a long stretch.

Originally Posted by PR_Glen (Post 20325443)

our dollar being on par with the US did us zero good from what I could tell. we've had bigger booms with lower dollars before.

Originally Posted by Freedom6995 (Post 20364576)

82.64 this am...do I hear .80?

Originally Posted by rabbit (Post 20364639)

like i said earlier in this thread, all that's missing is a hit to canadian real estate market which is coming... hopefully sooner than later. i think there's a good probability we'll see .65 in the next 2 years

Originally Posted by RebelR (Post 20325458)

Economists say it will bottom out around 85 cents. Oil and our housing market has kept it pretty insulated from the global economic downturn. Certainly better when converting USD to CAD

http://i.imgur.com/KKzSsVM.gif

Originally Posted by chronik (Post 20325476)

if you work online, you should be making money in USD and should be liking this

anyone that buys anything online is American, can't make shit from any other country... USD go way way up !! against CAD or any other currency. Make money in USD from US customers and live anywhere else on the planet = win

Originally Posted by fappingJack (Post 20366414)

Poor Canadians :(

Originally Posted by fappingJack (Post 20366414)

Poor Canadians :(

Originally Posted by ********** (Post 20325426)

Holy shit - Canadian dollar down to $0.86 v USD and dropping

Canadian dollar slumps below 86¢ amid oil bust - The Globe and Mail

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Originally Posted by RebelR (Post 20325458)

Economists say it will bottom out around 85 cents. Oil and our housing market has kept it pretty insulated from the global economic downturn. Certainly better when converting USD to CAD

http://i.imgur.com/KKzSsVM.gif

Originally Posted by RebelR (Post 20325458)

Economists say it will bottom out around 85 cents. Oil and our housing market has kept it pretty insulated from the global economic downturn. Certainly better when converting USD to CAD

http://i.imgur.com/KKzSsVM.gif

Originally Posted by Freedom6995 (Post 20325534)

.80 wouldn't surprise me...not that I'm complaining at .86 :)