[familyop]

BTW, on commodities, we’ll buy from Canada regardless of the new heights of the loonie. There’s not much other choice, with oil and other resources otherwise needing to be shipped halfway around the world to us with freight fuel prices rising. So if the loonie goes much higher, we in the USA are captive buyers.

[concrete is my business]

I think that commodities like oil, lumber, steel, coal etc. are always priced and traded in US dollars when crossing the border. The Euros and the Chinese may want to change that but their currencies are worse off as regards their governments debts, I think. I'll stick with the US dollar. Also, very much doubt there is near enough gold and silver to ever cover the size of transactions in today's modern world so I am not a big gold bug. If oil or gold does double, the resource mutual funds at RBC can go up way more than double.

Wages in Northern Alberta are usually in loonies. A high Canadian dollar takes away from the bottom line for Canadian companies that have a large payroll. On the other hand the bottom line for NHL teams like the Toronto Maple Leafs, who pay contract salaries in US dollars and take in Canadian dollars at the gate, should be up (except the Maple Leafs NEVER win. heh).