View Single Post
Old 05-29-2007, 01:42 PM
  #1  
zman
Member
 
zman's Avatar
 
Join Date: Mar 2007
Location:
Posts: 63
Likes: 0
Received 0 Likes on 0 Posts
Default Canadian Dollar Climbing

I was talking to our automation plant manager up here in Ontario Canada, he was telling me that he was in conversations with the bank we do buisness with and a local market trading person today, apparently the Canadian dollar jumped $0.01 of a dollar today to $0.93US. They earlier had forcasted that it will hit a dollar by the end of the year, well now do to the slowing of the US economy and the building of the Canadian economy they are forcasting a $1.05US within 60 days if it keeps goin this way. This means good news for us consumers, but bad news for the Canadian economy, sure do wish the Challenger was in production now, I could possibly save some money buying one. Anybody elses thoughts on this.