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sailor723
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« on: May 24, 2009, 07:57:15 am » |
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I see the US dollar has fallen from 1.18 CDN to 1.12 in the last week alone. I've been reading predictions that we may see continuing strength in our dollar over the coming months due to recovering oil/base metal prices and concerns about US debt. Lot's of "ifs" but if we do see parity (or something close to it) in the coming months do you think the floodgates will open again?
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My first ever GM ownership experience can best be described as "Fool me once...."
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The Mighty Duck
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« Reply #1 on: May 24, 2009, 10:26:33 am » |
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Tough to say. On the one hand, the economic situation has worsened considerably since early 2008, and new car purchases are down. But then, with the dollar difference, buying in the US becomes an attractive option.
I'd say, if the dollar regains those heights, we'll probably see lots of cross-border shopping. But will it be as high as it was? Maybe not... |
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Demosthenes [noun], dem-aws-thene-s 1) (384 BC – 322 BC) the greatest of the Ancient Greek orators 2) pseudonym used by Valentine Wiggin in Orson Scott Card's Ender's Game to alter the events of world history
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Careener
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« Reply #2 on: May 24, 2009, 10:34:43 am » |
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I think we'll see a lot of it again. There have already been some crazy deals in the US and it will only get better as the dropped dealers blow out their inventory. |
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Former Rust Enthusiast
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Railton
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« Reply #3 on: May 24, 2009, 10:38:41 am » |
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Neighbors just returned from Florida house hunting. Railton |
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Do you realize that in about 40 years, we'll have thousands of old ladies running around with tattoos?
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JSCC
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« Reply #4 on: May 24, 2009, 02:59:42 pm » |
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I went last Victoria Day weekend to get some Hugo Boss clothing at the Buffalo Fashion outlet (basically half the final price you see at the HB outlet at Vaughn Mills) to match my upcoming Merc demo! Yes! I am converting into a MB hotshot!  |
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2011 MB C300 4Matic (Tenorite Grey) 2010 MB C300 4Matic (Iridium Silver) 2002 VW Jetta 1.8T GLS Sport Luxury Leather package
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sailor723
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« Reply #5 on: May 24, 2009, 05:05:35 pm » |
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I wonder if the new June 1st passport requirements will hurt the retail outlets along the border that get a fair amount of Canadians? |
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My first ever GM ownership experience can best be described as "Fool me once...."
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safristi
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« Reply #6 on: May 24, 2009, 05:47:40 pm » |
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THERE IS NO CURE FOR "LOTUS"......ONLY TREATMENT.....
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sailor723
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« Reply #7 on: May 24, 2009, 07:41:27 pm » |
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Not to mention dodging heavy machine gun fire from the Gesta....errr I mean the US Border Patrol  |
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My first ever GM ownership experience can best be described as "Fool me once...."
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PJungnitsch
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« Reply #8 on: May 24, 2009, 08:47:45 pm » |
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Might be quite a lot of shopping going on. I know I was kicking myself I didn't get my motorcycle parts when the CDN dollar was up. |
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tpl
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« Reply #9 on: May 24, 2009, 09:22:59 pm » |
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I wonder if the new June 1st passport requirements will hurt the retail outlets along the border that get a fair amount of Canadians?
After two years of saturation ads in the newspapers AND having to use a passport on flights to the US for some time I would think that Canadians have given in and got passports by now |
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It is a narrow policy to suppose that this country or that is to be marked out as the eternal ally or the perpetual enemy of England. We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow. Lord Palmerston
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mmret
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« Reply #10 on: May 24, 2009, 09:36:49 pm » |
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Have: 06 TSX, 07 Z4 3.0si Roadster Sometimes Borrow: 11 GLK Had: 01 GrandAm, 07 Civic Dream: SLS AMG
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sailor723
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« Reply #11 on: May 25, 2009, 05:38:27 am » |
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I wonder if the new June 1st passport requirements will hurt the retail outlets along the border that get a fair amount of Canadians?
After two years of saturation ads in the newspapers AND having to use a passport on flights to the US for some time I would think that Canadians have given in and got passports by now Excerpt from a story in our local Saint John paper (Telegraph Journal) this AM.... "Despite the hype ahead of the June 1 deadline, only 35 per cent of New Brunswickers have their passports, Passport Canada spokesman Sebastien Bois said last week in Ottawa. Nationally, 54 per cent of Canadians have their passports. The numbers range from as high as 62 per cent in British Columbia, 60 per cent in Ontario and 58 per cent in Alberta to 38 per cent in Nova Scotia, 36 per cent in Prince Edward Island, 30 per cent in Newfoundland and Labrador, and 12.5 per cent in Nunavut." I don't know if that many Canadians never go to the US or if a lot of people are clueless and are in for a shock when they arrive at the border in the coming months.  |
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My first ever GM ownership experience can best be described as "Fool me once...."
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tpl
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« Reply #12 on: May 25, 2009, 05:49:18 am » |
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I haven't been to the USA since 1995 and that was just unavoidable business meetings. But I do have both a Cdn and a EU passport.
I wonder. If those statistics do not show the many many people who are not citizens and who have other passports with US visas then the lack of passport problem may be less severe than they show. |
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It is a narrow policy to suppose that this country or that is to be marked out as the eternal ally or the perpetual enemy of England. We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow. Lord Palmerston
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sailor723
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« Reply #13 on: May 25, 2009, 05:58:39 am » |
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Good point. I wonder if those numbers are for Canadian citizens only or include other nationals who are residents? I would assume the former,but who knows.
I do remember reading that a much lower percentage of US citizens have a passport then is the case in Canada. That being true the new regs may have a larger negative impact on Canadian tourism than on the US border states. |
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My first ever GM ownership experience can best be described as "Fool me once...."
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tpl
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« Reply #14 on: May 25, 2009, 07:01:49 am » |
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i read somewhere recently that it is well less than 25% of US citizen/residents have passports. One must obviously assume that all US citizens resident outside the US have passports and as with Canada, most if not all non-citizen residents have passports of some country. http://www.gyford.com/phil/writing/2003/01/31/how_many_america.php This is slightly interesting |
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It is a narrow policy to suppose that this country or that is to be marked out as the eternal ally or the perpetual enemy of England. We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow. Lord Palmerston
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safristi
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« Reply #15 on: May 25, 2009, 07:39:30 am » |
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THERE IS NO CURE FOR "LOTUS"......ONLY TREATMENT.....
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tpl
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« Reply #16 on: May 25, 2009, 07:54:48 am » |
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Saf, Most Landed immigrants need a Visa to enter the USA. I don't know but I imagine that if you are a legal Canadian resident from Iran or North Korea that you might not be issued a Visa. I don't know,
In theory all Canadian citizens with Canadian passports no matter their previous citizenship should be able to freely enter as tourists subject to the usual US restrictions: Criminal record and some other stuff. Again I don't know what happens if you are a dual citizen of An "Evil Empire country " and of Canada. |
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It is a narrow policy to suppose that this country or that is to be marked out as the eternal ally or the perpetual enemy of England. We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow. Lord Palmerston
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The Mighty Duck
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« Reply #17 on: May 26, 2009, 07:23:05 pm » |
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i read somewhere recently that it is well less than 25% of US citizen/residents have passports. I've heard the same too, but after thinking about it, it makes a certain amount of sense. In Canada, the vast majority of the population lives very close to the US border. That makes traveling to the States a fairly common occurrence for many Canadians - shopping, school trips, sports events, concerts, whatever. We're very close to the US, so it's a viable option. But the United States is very different geographically from Canada. A lot of the border region is very sparsely populated, and even the population centers that are close to the border do not come close to the numbers (percentage wise) of Canadians who live near the border. And because the US market is so much more developed, it is rarer for Americans to come to Canada to shop, or see sports events or concerts, etc., than the reverse. And many, many Americans live too far from the border for this to even factor in at all - your average Joe living in Florida or Texas is not likely to travel to Canada. The only Americans making trips to Canada are tourists. So the lower numbers of passports should not be surprisingly, really.  |
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Demosthenes [noun], dem-aws-thene-s 1) (384 BC – 322 BC) the greatest of the Ancient Greek orators 2) pseudonym used by Valentine Wiggin in Orson Scott Card's Ender's Game to alter the events of world history
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tpl
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« Reply #18 on: May 26, 2009, 07:31:14 pm » |
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Right in terms of coming to Canada. What about all those Americans who flock to the UK to see Buck House and to Paris to see the Louvre... maybe they all fit into the <25% ( affluent middle class etc.) |
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It is a narrow policy to suppose that this country or that is to be marked out as the eternal ally or the perpetual enemy of England. We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow. Lord Palmerston
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The Mighty Duck
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« Reply #19 on: May 26, 2009, 07:37:33 pm » |
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Right in terms of coming to Canada. What about all those Americans who flock to the UK to see Buck House and to Paris to see the Louvre... maybe they all fit into the <25% ( affluent middle class etc.)
I wondered about that, too. I guess the answer is, not many Americans travel abroad? Plenty of my friends have never been outside of North America, and my social circle is predominantly middle/upper-middle class. I have little trouble believing that a majority of Americans have never left the USA. Also, that 25% only includes current passport holders... many Americans might have had PPs in the past and traveled, but not maintained them. |
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Demosthenes [noun], dem-aws-thene-s 1) (384 BC – 322 BC) the greatest of the Ancient Greek orators 2) pseudonym used by Valentine Wiggin in Orson Scott Card's Ender's Game to alter the events of world history
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