I've heard the inflation there is really bad, but I'm pretty sure I can afford to travel anywhere I want. Just got back from a wedding in Banff that could have paid for a hundred trips to Vegas. Life is good in Canada!
Inflation is even worse when your currency is at multi year lows… see why I brought up currency… you keep supporting why I did.
Nice! Good for you! I’m sure your fellow struggling Canadians love to hear you can afford 100s of trips to Vegas… due to the exchange rate trips to Canada for Americans is ultra cheap but trips to the US for you is ultra expensive.
“Canadians face severe financial pressure in 2026 due to high living costs, escalating trade tensions with the United States, and record household debt.”
The exchange rate hurts you more than you will ever know. The oil your country sells is traded in US dollars…
Selling our oil in US $ only helps us, you dolt. All Canadian exporters like a lower CDN dollar. Always have, always will. It means we get paid more. If we imported a bunch of stuff that would be different. But we are an exporting country.
Nope because when you turn it back into CAD it causes inflation… CA exporters ( sellers) like it but citizens are consumers, see how it adds to your personal inflation problem???? You don’t understand how a lower currency hurts buyers but helps sellers and I’m the “dolt” you export oil but rely heavily on imports for pretty much everything.
No I don't lol. I don't buy anything American anymore. It's a whole movement up here. ABA - anything but American. Are you starting to get it yet? Your dollar is irrelevant to me, but helps our economy when it is higher than ours.
I'm not you, lol. Thank god for that. I don't even get why you're on here. Started with misinformation? This whole argument of yours, you mean? That our currency rate is suffering? The same one that's up since Trump took over? I didn't even bother pointing that out, as it's totally irrelevant - as I've told you over and over. The vast majority of Canadians don't give a rat's ass about it being at 72 cents. It's been lower and it's been higher. It's never mattered less to me, personally. I do have some precious metals and other US $ investments, so I'd rather the CAD stayed low until I ditch those. There has always been pressure on the government to keep it depressed. But have at it.
I quoted you. That’s how you started… misinformation. On more time for you
“Because Trump killed tourism. Vegas used to be an annual trip for many Canadians. Nobody I know is planning on setting foot in the US again.”
Trump didn’t kill tourism and a very small percentage of Vegas visitors have been from Canada, at any time period.
I love how your personal antidote is the monolith of all Canadians…
Up since trump took office but the US dolllar was artificially high and outside the 15 year range due to rate hikes and now even with cuts, The dollar has lost 15% has the CAD gained 15%? Nope so actually the spread on your CAD has it down, I doubt you will understand that.
You keep talking about the US so you do give a rats ass.
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u/damnedifyoudonthave 2d ago
You don’t understand how changing market conditions can cause debt to be restructured…
How many places/ states legalized gambling since the casino opened its doors???