The exchange rate between the Canadian Dollar and the US Dollar is tied to the price of oil, somehow. Canada is, of course, an oil exporter. Canada is a resource exporting country altogether- actors, oil, lumber, electricity, minerals, Celine Dion.
Two years ago we faced 0.95CDN to 1.00USD. Last year the two dollars faced parity (1 to 1). There's no way to tell how things will go between now and summer but the CDN is now at 0.85 to 1.00USD. That is very good and means we get a 15% discount on what money we spend in MTL. KT and I have priced the trip (see below) at parity. Many things, like airline tickets will be bought with USD here in Lubbock. Other things, like your apartments, will be 15% off if this situation holds. So a 500$ (you put the dollar sign after the cost in CDN money to show it is different from USD) will actually cost you $425. That's nice, no?
Some good money news for a change. Additionally, we may be the only tourists there this coming year. We'll see. Comments & questions are enjoyed.
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