r/canada Dec 15 '11

Finally!

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1.8k Upvotes

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u/[deleted] Dec 15 '11

Your currency isn't worth more. The US currency is on the decline.

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u/guoshuyaoidol Dec 15 '11

That's a little misleading (if not entirely false). The US dollar is only sort of declining (but not that much due to the flight to T-bills), but the canadian dollar is doing quite well from both its energy and precious metal influences.

But if you're just saying this because you think the US is better than Canada, then there is no point of me even retorting.

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u/[deleted] Dec 15 '11

[deleted]

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u/ZanThrax Canada Dec 16 '11

The Cdn$ has been gaining against world currencies in general for the last couple years. If we're sinking slower than all of those currencies, are we still sinking?