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06-04-2007, 02:51 PM
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#1
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Casa Nova
should edit this
The Sex Appeal
Join Date: Mar 2007
Location: Toronto
Posts: 1,133
xBucks: 23,007
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Canadian Dollar Jumps to 30 year high!
SO today the Canadian Dollar jumped to a high of 94.59 U.S. cents, and economists are predicting that by as early as next year that it will be trading at par with the US Dollar. What are your views on this as a canadian, and or an American. Do you think it's going to start affecting your income dramatically since most paysites solely charge in American currency? Or do you beleive that it won't really effect you in any way.
Time for your views!!
__________________
ICQ: 405-009-573
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06-04-2007, 03:00 PM
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#2
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sharky
is promoting dating
Citizen X
Join Date: Jan 2003
Location: Tampa
Posts: 28
xBucks: 373
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The US economy right now is struggling as we spend so much money on the wars on Terror and in Iraq. We are all suffering here. I never thought I would be one to cut back on driving, or look to sell my SUV because of gas prices, but I am. I never thought I'd argue with my wife over excessive driving or spending, but I am. I'm on a tight budget as prices keep going up. NO more weekly sushi for me.. It's now once a month.
__________________
Sharky
icq: 1242876
Radical Cash - Paying affiliates on time for 6 years and counting!
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06-04-2007, 03:11 PM
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#3
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Platinum Chris
should edit this
Runs with Scissors
Join Date: Nov 2004
Location: Toronto
Posts: 380
xBucks: 4,259
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In many ways, its bad for Canada. In general, we're going to take a big hit in the job market when American companies start pulling out since it is no longer cost effective to continue operating up North.
Also, since there are quite a few affiliate programs that operate in Canada as well, its begins to become a big hit in $ revenue by losing the high exchange rates.
For webmasters, it depends on where in the world they are. If they're US based, then nothing really changes except the purchase power of the $. Elsewhere, it affects the total revenue gain from the exchange rates.
__________________
ICQ 452-693-563
Adult Rental Cash - VOD - $35 PPS or 35% RevShare
Platinum Feeds - 4,000 S8t, 500+ Gay Full-Length DVD Feeds. Contact me for your FREE 2 week trial!
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06-05-2007, 08:52 AM
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#4
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Vid Vicious
is makin porn
Porn lifer
Join Date: Sep 2002
Location: Montreal
Posts: 3,514
xBucks: 64,285
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Blame Bush ...
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06-05-2007, 10:04 AM
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#5
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Evil Chris
is drinking Heineken
Clone of myself
Join Date: Aug 2002
Location: Montreal
Posts: 12,984
xBucks: 388,249
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It sucks and I hate it.
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06-05-2007, 12:18 PM
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#6
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TheLegacy
is Bi - Sexy
Moderator
Join Date: Aug 2003
Location: Brantford, Ontario, Canada
Posts: 2,900
xBucks: 57,181
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canada is not going to sit by and allow that to happen. we loose more in exports with a higher dollar simply because american companies save coming to canada because our dollar was so low. if its now even - they'll go elsewhere to find the goods. so we loose out. canada will change it and drop the dollar back down again - but it sucks - I enjoy the difference is my paycheck and if it comes to it, I'll have to ask for a raise just to keep par.
__________________
Robert "TheLegacy" Warren
Chief of Marketing and SEO
Skype: robjameswarren
"Wise men talk because they have something to say;
fools, because they have to say something." - Plato
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06-07-2007, 07:58 PM
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#7
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Jimmidean
is Sniffin Glue as it
is cheaper then
crack
Senior Member
Join Date: Oct 2005
Location: Ontario Canada
Posts: 550
xBucks: 7,999
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The last time this happened we simply changed our pricing structure.
Looks like it is time to do it again.
__________________
To drunk in the keys for a sighttp://www.xnations.com/images/smilies/smile.gif
ICQ 424349287
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06-08-2007, 05:12 PM
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#8
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She Devil
is back
Boobs Rule
Join Date: Nov 2004
Location: Hamilton Ontario
Posts: 120
xBucks: 3,524
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The Canadian dollar isn't going up, but the US dollar is dropping. There's already being reposts of a few thousand people loosing their jobs over it. Like Jimmi said, Canada is going to have to change the pricing structure... if I'm right it mostly means higher interest rates and such.
For Rob and I it bites. I'm not going to get into it, but I am really hoping that the US dollar goes up.
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06-11-2007, 04:20 PM
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#9
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EmporerEJ
should edit this
Virtual Sex Machine
Join Date: Apr 2004
Location: Political subdivision United States, Continent North America, Planet Earth, Sol System, Milky Way Galaxy
Posts: 65
xBucks: 139
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Works for me.....
Makes our product more affordable for Canadians.
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