Wishabi Blog

Posts Tagged ‘Canada

What Parity means for Canadians

Posted by: Prashanth Gopalan in: ● April 7, 2010

Yesterday, the Canadian dollar danced around at parity and today we can freely exchange a loonie for a greenback on equal terms. But what’s not clearly highlighted is that parity may be more of a psychological milestone than a material one.
So what are the implications for Canadians as a whole?
Cross-border shopping
Despite its attractiveness, it’s important [...]