Thursday, November 1, 2007

Who's your Dollar?

Loonie could swoon next year, EDC says

Apparently the Canadian Dollar might not be so mighty in the long run in 2008 according to this article from The Globe and Mail .

I'm a mixed bag of feelings at this point because I've got investments on both sides of the fence. But being a proud Canadian, I'll be happy to revel in the sunshine that is a strong Loonie for the time being.

What with the tax rates dropping shortly as well, it's good news for everyone in Canada Land. So here's to the mighty maple leaf in the short term. Why not take a vacation and enjoy the role reversal on the American side for a bit?

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