Canadian dollar drops to below 70 cents US

[JLM]

I keep my debt low for a variety of reasons but that ticking time bomb is ticking like a big, bass drum, these days. It's amazing that the bubble didn't burst years ago. I know that it makes the central bankers cringe.

You bet! My worst is at 2.49%.

Calgary homes..

Home sales and prices to fall even further in 2016, Calgary Real Estate Board projects - Calgary - CBC News

And likely all kinds of vehicles!

 

[petros]

The energy sector makes up roughly 10 per cent of Canadian gross domestic product.

That’s more than retail, construction, agriculture and the public sector’s contribution to the economy. Energy accounts for roughly one-quarter of Canada’s exports.

Energy sector includes nat gas, coal, electricity from coal, uranium, hydro, wind, solar and the remaining 3% is from oil.

Like I've been saying;"somebody is lying to you".

 

[JLM]

That's nothin' boomski. Wait until interest rises half a point. We'll find out who in Canada is good with their money and who isn't.

It's a time bomb...tick tick tick tick tick

When that bomb goes off I'll kick the dead to the side and then buy.

I'm expecting to see lots of houses with gold faucets on the market for cheap fairly soon.

 

[B00Mer]

Energy sector includes nat gas, coal, electricity from coal, uranium, hydro, wind, solar and the remaining 3% is from oil.

Like I've been saying;"somebody is lying to you".

Then you explain why when oil is high our dollar is high, and when oil is low our Canadian dollar is a Peso, as it is today.

 

[Sons of Liberty]

... selling petroleum to wasteful Americans?

And where are your ethics selling us oil? Oh right, it would hurt your ethical pocket to stop doing that.

 

[petros]

Then you explain why when oil is high our dollar is high, and when oil is low our Canadian dollar is a Peso, as it is today.

Because somebody is lying to you about it being oil.