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Canadians go straight to the (US) bank

  2. bgross
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The dollar is getting crushed. What are the effects on the street? Are Canadians crossing the border to buy fat gold chains?
bgross

2 responses // Canadians go straight to the (US) bank

  • I don't know about right now, but a couple of years ago, when I lived in upstate New York, I can tell you that you'd see more license plates from Quebec on the Thruway than you would from Vermont and Massachusetts. Cigarettes alone were probably one of the top draws for Canadian shoppers.

    The Loonie may be on par with the dollar, but the taxes Canadians pay still will probably make shopping in the U.S. an attractive proposition.
    MikeBunnell
  • http://www.thestar.com/columnists/article/266412
    Buffett Predicts Strong Loonie
    Buffett Predicts Strong Loonie
    The trade imbalance continues in the States as Canadians will enjoy the benefits of a strong Loonie. Canadians sure enjoyed traveling and spending strong money south during the Thanksgiving weekend last week. Go Loonie.
    fightingbob

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