February 28, 2011...
Canadian Bank Prime Rate is currently 3.00%.
CanEquity Mortgage is offering 3.95% APR on a 5 year fixed closed mortgage.
The Toronto Stock Exchange (TSX) was up 84.37 points closing at 14,136.50.
Canadian/US Dollar Exchange Rate rose 76 points today to close at 102.94 USD.
The movement of the Canadian dollar is closely related to all the happenings in Libya.
While it's good in some respects for our economy, it does seem to be a little strange.
Ted--I think the last time I was in Canada the US dollar was going for $1.30? Seems like things have really improved---but I do not normally track it.
Brian, it won't last. It'll soon be time to buy US dollars.
Pat, it's been as high as $1.55 Canadian. It's nice to have it reversed.
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