Socialism gone loonie
Posted: Thu Feb 04, 2016 5:36 pm
Low Canadian Dollar, Low Interest Rates Make Canadian Companies Easy Pickings
http://www.huffingtonpost.ca/2016/02/04 ... d%3D678430
Myrtle Beach Businesses Taking Canadian Dollar At Par To Lure Back Visitors
Myrtle Beach, S.C., knows the falling loonie means you won't be coming to the States, and the city wants to change that.
To entice Canadians to the area, hotels, attractions, and restaurants are offering deep discounts to Canadians until April 30, all valid with Canadian ID.
The discounts are meant to "at least cover the difference" of the dollar conversion from Canadian to U.S. currency.
http://www.huffingtonpost.ca/2016/02/03 ... d%3D678430
Oil Price Crash Causing 'One Of Largest Transfers Of Wealth In Human History'
The Huffington Post Canada | By Daniel Tencer
http://www.huffingtonpost.ca/2016/02/04 ... d%3D678430
Suncor Q4 Earnings Show $2-Billion Loss In 3 Months
CALGARY — Suncor Energy, Canada's biggest oilsands player, has posted a net loss of $2 billion for the final three months of 2015 as it was walloped by the steep drop in crude prices.
In addition to the oil price collapse, Suncor's bottom line was dragged down by nearly $1.6 billion in impairment charges and a $382 million foreign exchange loss related to its U.S. dollar-denominated debt.
A year earlier, it posted a net profit of $84 million.
http://www.huffingtonpost.ca/2016/02/03 ... a+Business
There's even more good news...I just stopped here. Was cramping from the laughter..
http://www.huffingtonpost.ca/2016/02/04 ... d%3D678430
Myrtle Beach Businesses Taking Canadian Dollar At Par To Lure Back Visitors
Myrtle Beach, S.C., knows the falling loonie means you won't be coming to the States, and the city wants to change that.
To entice Canadians to the area, hotels, attractions, and restaurants are offering deep discounts to Canadians until April 30, all valid with Canadian ID.
The discounts are meant to "at least cover the difference" of the dollar conversion from Canadian to U.S. currency.
http://www.huffingtonpost.ca/2016/02/03 ... d%3D678430
Oil Price Crash Causing 'One Of Largest Transfers Of Wealth In Human History'
The Huffington Post Canada | By Daniel Tencer
http://www.huffingtonpost.ca/2016/02/04 ... d%3D678430
Suncor Q4 Earnings Show $2-Billion Loss In 3 Months
CALGARY — Suncor Energy, Canada's biggest oilsands player, has posted a net loss of $2 billion for the final three months of 2015 as it was walloped by the steep drop in crude prices.
In addition to the oil price collapse, Suncor's bottom line was dragged down by nearly $1.6 billion in impairment charges and a $382 million foreign exchange loss related to its U.S. dollar-denominated debt.
A year earlier, it posted a net profit of $84 million.
http://www.huffingtonpost.ca/2016/02/03 ... a+Business
There's even more good news...I just stopped here. Was cramping from the laughter..
