CAD USD oil

Eric Garland Energy Trends 2 Comments

Back when I was a young man, Canada was a special place where things were magically 40% off and everybody spoke French (I grew up on the border of Quebec) and there was Celine Dion and poutine and hockey.

In 2008, when things were unholy, the Canadian dollar was worth more than the American version. After tax, a beer was $12 at Pearson Airport in Toronto. Chaos reigned throughout the maple land.

Now, there has been fracking and a glut of liquid fuels and now the CAD is going back to the exchange rate of my youth.

I will see you all in Montreal.