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COMMENTS: Canuck Buck
The decline of the price of the US dollar on foreign exchange markets is slowly starting to make news. Last month ABC's Betsy Stark (subscription required) covered the impact on American tourists and exporters. Now NBC's Peter Alexander looks at the impact of parity for the loon. Just five years ago, he recalled $100 American could buy $160 Canadian. On the west coast, British Columbians are house hunting in Washington. On the east, New York State is advertising for tourists from Ontario. "Oh! Canada! After three decades a buck is now a buck on both sides of the border."
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