The US dollar is now worth 93 cents Canadian, lowest since the Civil War

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(Canada) Dollar sets new record above $1.07 US as unemployment rate drops to 5.8 per cent

OTTAWA - The Canadian dollar entered uncharted territory Friday after a monster employment report blew the roof off the upper limits for the loonie's potential.

With the economy pumping out 63,000 additional jobs in October and the unemployment rate plunging to 5.8 per cent - the best in 33 years - the dollar gained a full two cents in morning trading, peaking over $1.07 US.

The loonie, already soaring on high commodity prices, hit new records Friday, surging more than 1.9 cents to end the day at 107.04 cents US, its highest close on record. Earlier, the loonie traded as high as 107.3 cents US before cooling slightly as a new report showed U.S. employment also was healthy in October, gaining 166,000 jobs.

More here.
 
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Economical changes happen like this all the time...

I'm not really surprised but Canada has its own problems as well so it surely will balance out :p

It could be that the US is dropping alittle but Canada is getting higher as well
But the thing is Canada is screwed once one of there generations goes into retirement

luckily Canada is the US Best friend :p
and technically were somewhat there military
 
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