US owners : Time to consider selling your properties in Canada!

Canadian dollar passes parity at 22-month high vs greenback

TORONTO (Reuters) - The Canadian dollar hit a 22-month high against the greenback on Wednesday, retesting parity for the first time this week as upbeat U.S. earnings boosted investors' appetite for riskier assets.

Powered by rallying equity and commodity markets, the Canadian dollar climbed as high as C$0.9961, or $1.004 U.S. dollars, its highest level since June 2008.