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	<title>Avinesh's Blog &#187; border lineup</title>
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		<title>Canadian Dollar Hits Parity Today</title>
		<link>http://www.avinesh.com/blog/index.php/2007/09/20/1-cdn-1-usd-today/</link>
		<comments>http://www.avinesh.com/blog/index.php/2007/09/20/1-cdn-1-usd-today/#comments</comments>
		<pubDate>Fri, 21 Sep 2007 03:59:26 +0000</pubDate>
		<dc:creator>Avinesh</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[border lineup]]></category>
		<category><![CDATA[canadian dollar]]></category>
		<category><![CDATA[ebay]]></category>
		<category><![CDATA[parity]]></category>
		<category><![CDATA[us customs]]></category>

		<guid isPermaLink="false">http://www.avinesh.com/blog/?p=76</guid>
		<description><![CDATA[For the first time in 31 years, the Canadian dollar hit parity with the US dollar today (at 10:59 AM). No longer do Canadians have to put up with mockery (well, for now) . The funny thing is, I went to ebay.ca today to check some hardware prices and the number one search term was&#8230; [...]]]></description>
			<content:encoded><![CDATA[<p>For the <a href="http://www.reuters.com/article/hotStocksNews/idUSN2042649020070920" target="_blank">first time in 31 years</a>, the Canadian dollar hit parity with the US dollar today (at 10:59 AM).  No longer do Canadians have to put up with mockery (well, for now) <img src='http://www.avinesh.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> .</p>
<p>The funny thing is, I went to ebay.ca today to check some hardware prices and the number one search term was&#8230; Canada!  That says something, and it&#8217;s good.</p>
<p>Consumers have taken advantage of the strong Canadian dollar to purchase goods from the US without much of a premium (well, maybe a little bit).  As I work near US customs, I can attest that there has been a surge of Canadian traffic to the US over the past two-and-a-half months. My co-workers and I have put up with long border lineups, nearly two kilometers long, on a daily basis for the aforementioned time period.  On the contrary, there&#8217;s no longer an incentive for Canadians to sell goods in US dollars, especially with the Canadian dollar likely exceeding the US dollar in the near future.</p>
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