09-20-2007, 02:24 PM
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#205
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Not a casual user
Join Date: Mar 2006
Location: A simple man leading a complicated life....
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The loonie's long road back to parity
The last time the Canadian dollar was on par with its U.S. counterpart, oil prices were at record highs, the Canadian economy was in a period of sustained growth and the Bank of Canada was concerned about inflation. Sound familiar?
It has taken 31 years for the Canadian dollar to make its way back to level ground since it last topped the greenback on Nov. 25, 1976.
(Click here for an interactive look at some of the forces that have moved the price of the Canadian dollar over the last 35 years.)
http://calgary.theglobeandmail.com/s...background0920
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