For you economist out there, will the CDN dollar continue to appreciate relative to the US? What trends do you see? Or will the CDN dollar begin to depreciate? What factors will contribute to these things? A revived US economy? Stabilization in Iraq? Bush venturing in to Alaska for Oil/Energy?
Reason I ask, what if the dollar continues to appreciate and gets to $0.90? Is that possible? In that case, why would anyone still buy a car in Canada when you can go down South and save thousands, after taxes, shipping etc. Or even just buying goods i.e electronics, clothes etc.
Let's hear your responses!