Now that our dollar is on par, how many of you out there do the weekend trip across the border to shop?
If you do, are you aware that you are harming our economy while doing so and are wasting $100.00 in gas to save 20$?
2007-09-28 03:15:19 · 5 answers · asked by elysialaw 6 in Politics & Government ➔ Government
Agreed Mike. I also don't shop at Walmart (haven't set foot in one in 7 years) and do my best to purchase Canadian and/or fair trade products only.
2007-09-28 03:48:54 · update #1
I also don't drive so maybe the gas thing is a bit off, but you get my point?
2007-09-28 03:49:43 · update #2
They ARE using that money to pay down the National debt!
2007-09-28 03:51:15 · update #3
How do you figure on the wasting $100 in gas part? I'd like to know that math behind that one because that is WAY out of whack. Better do your homework.
Sure, I'd consider crossing the border to save a few bucks. If the gov't is so worried about our economy then maybe they should allocate some of that whopping $13.8 billion dollar federal surplus we have now to relieve it. Eh??? Or give us a break on our income taxes.
This parity with the US dollar will be very temporary at best, so I wouldn't worry too much about any long-lasting damage to the economy. I personally plan to buy a large amount of US money though, since I am going away on vacation in February. And I don't feel one bit guilty about saving money to keep in MY pocket!
2007-09-28 03:36:29 · answer #1 · answered by LindaLou 7 · 2⤊ 0⤋
The major banks in Canada usually keep a healthy supply of U.S. currency on hand (Royal Bank, TD Canada Trust, CIBC, Scotia Bank, Bank of Montreal - otherwise known as 'the big 5'). These are the only places you'll be able to easily exchange Canadin coins for U.S. cash. As mentioned in other answers, most Canadians are able to obtain U.S. cash from American ATMs at low rates. This is because our five major banks have struck deals with the large American banks (like Bank of America) to allow us preferential currency exchange rates. There are smaller currency exchange places available but they are only a good deal if you are exchanging a large amount of cash. As an aside, if you're using U.S. cash in Canada, you are very likely being ripped off. You can expect a 5-15% price increase once the currency exchange is calculated. Best to use the local currency from the get go.
2016-05-20 22:58:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You poor things! I feel sooo sorry for you.
The world's No1 super power has Canadians coming over to SHOP on the weekends....feel better sweetheart, I send you warm feelings.....
Screw you america!!
(from Triumph the insult comic dog....thank you)
2007-09-28 03:26:16 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Buying Chinese goods at Walmart has hurt us a lot worse.
2007-09-28 03:20:08 · answer #4 · answered by Ktcyan 5 · 3⤊ 0⤋
Maybe we should put up a wall.
(sarcasm)
2007-09-28 03:18:38 · answer #5 · answered by Anonymous · 2⤊ 0⤋