How come canadian $ more than U.S?

Question

How come canadian $ more than U.S?

Answer 1

hmm, maybe cuz the war is costing the U.S MONEY and the US is not truly fighting. they are relying on volunteers, since the draft was revoked.

- oh and the economy is near recession.

Answer 2

93 can $ = 100 us $

Answer 3

Please check the following link : http://economics.about.com/od/exchangera...

Its well described there ..

hope this helps ...

Answer 4

Canada has booming economy, mostly because of Oil industry based in Alberta. The increase in price of oil, attributed escalation of the loonie. The loonie went up to $1.09 as compared to US $.

Now the situation is coming back to where it started. As of today, the canadian  loonie is $1.01 as compared to US loonie.

This was a must because canada relies on exports to the US.