Canadian dollar tops 80 cents for the first time since summer 2015
By
David
26 July 2017 (Edited )
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CBC News
By
David
26 July 2017 (Edited )
Share This Article
CBC News
David H. Boggs
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This makes US vacations cheaper for Canadians and Canada vacations more expensive for Americans.
In the past 12 months the Loonie reached a low of $0.72721on 4 May 2017. Yesterday (27 July) it reached $0.80535.
So for Americans, in the past year Canada has been on sale at discounts ranging from around 28% in May to around 20% now. And Canadians have paid comparable premiums to visit the USA.
I don't think this currency fluctuation coming this late in the summer is going to have a great deal of effect on 2017 primary holiday plans of either Americans or Canadians.