Loonie hits 97 cents U.S. for the first time since 1977...

So, looks like talk of parity is back! That was a quick turn around.

Word is the Canadian dollar is expected to hit 98 cents by the end of next week. Well, if that's true, now I'm really starting to believe that parity could (even probably WILL) happen. The Canadian dollar's been at parity with the greenback in my lifetime, however, the last time it happened I was 13 months old!

This doesn't indicate things are uncompromisingly GREAT in Canada, but things are clearly pretty good. The bigger effect is that sadly things in the U.S. are still pretty bad.

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