Canadian dollar hits par!

Well, if it hits the front page of the CBC it must be news right? Earlier this morning CBC reported that the Canadian dollar momentarily reached par with the US dollar.

I suspect border lines are going to be getting a bit longer in the coming months as Canadians cash in on great US prices.

[update] There has been a mass amount of news circulating in the past few days in regards to the soaring Canadian dollar and its implications on cross border shopping. Here are a few links to the stories we have been tracking. (CBC and CTV News articles).

Whether the media looks at Cross Border Shopping as a negative or positive piece of news, no one can deny the thousands of dollars Canadians save on merchandise across the border. We hear reports everyday of people saving over $600 on tires, $1000 on a stereo receiver, $100 on a pair of shoes?? and the list goes on and on and on. If you are looking to save some money finding a U.S. shipping address is a good idea.

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