Loonie hits parity with U.S. dollar

[CBC News]

After coming within a hair's breadth of parity on Wednesday, the loonie draws even with the U.S. dollar early Thursday.

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[Praxius]

Whoopty-do.... it's been par before.... it even surpassed value for a time, and yet we still ended up paying more for the same products as those in the US, books are still a couple of bucks more then in the US..... nothing is going to really change.

They said the dollar would stay par for quite a while last time and it didn't.

Cry wolf.

 

[Ariadne]

So ... is it a good time to buy up some US currency?

 

[gingersnap]

So ... is it a good time to buy up some US currency?

Imo, only if you're planning on traveling down there. Otherwise it seems that the buy/sell rate wipes out any profit you think you're going to make.

 

[petros]

Oh hooray! A par dollar means gasoline will go up. Woohoo!