(Closed) Vent: Why did the Canadian dollar have to take a nose dive?!?

posted 4 years ago in Money
Post # 32
Member
4698 posts
Honey bee
  • Wedding: September 2014

mauibride2016:  Not to point out the obvious but.. You do have control over the situation.. You took a chance by planning a destination wedding during unstable economic times.

It won’t turn around soon, we’re likely to see a 59 cent loonie this year.

ETA: Article for reference- http://www.cbc.ca/news/business/macquarie-loonie-forecast-1.3401644

  • This reply was modified 3 years, 9 months ago by  KC-2722.
Post # 33
Member
248 posts
Helper bee
  • Wedding: Las Palmas

mauibride2016:  Hey again, (fellow Vancouver bee, yay!) do you guys think it’s an option to open a US savings account for now? It seems really strange to stock up on US currency at $.70, but if it’s supposed to fall another $.10, it might be worth it? Do you have a financial planner you can meet with/ask about it? I’d really hate to see it reach $.60 – this sucks, I’m sorry.

Post # 35
Member
1019 posts
Bumble bee
  • Wedding: August 2014

julies1949:  To be fair, no one should be munching on fresh asparagus in January, and kale is still very cheap. Canada is also the world’s #1 producer of pulses, so we really should be saying “eat your kale and lentils!” 🙂

Post # 36
Member
47189 posts
Honey Beekeeper
  • Wedding: November 1999

turnanewleaf: To be fair,  I already posted in a different thread that we all need to remember that none of us needs to eat out of season produce. I did not grow up eating asparagus, strawberries, grapes etc in the winter. We waited all year for those things to be available when they were available locally. They tasted so much better when “ripened on the vine”, so to speak.

Post # 37
Member
43 posts
Newbee

I live in Vancouver and that’s exactly how i felt when I was visiting Oahu for 6days last April… Hopefully it gets better soon but I don’t honestly see it happning..  so sad

Post # 38
Member
773 posts
Busy bee
  • Wedding: July 2015 - Carmen\'s Lakeview

julies1949:  I’m in Northern SK and we pay $6.50 for 4 litres of milk, $12 for a 900g block of cheese…and don’t get me started on bacon! A 1lb container of strawberries were $8 the other day! I’m just glad it’s not the Nunavut prices but still…

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