Sunday, January 20, 2008

First Post!

Hey! Welcome to my blog!
For my English blog assignment, I have decided to talk about the rising value of the Canadian dollar. Since I am from Montreal, I will try to find some differences in the opinions of the francophones and anglophones in Canada. Currently, the value of the loonie is at 0.97 USD, which is very high compared to the values of the past years. In 2002, Canadians had to pay 1.62 CAD in order to have 1 USD. However, in November 2007, the Canadian dollar surpassed the USD for a short amount of time. After a few days, it went back to 0.99 American dollars. Since that time, it kept going up and down but it still stays very high. Of course, since French and English people of Canada use the same currency, there will not be many differences in their points of view at first. However, the loonie has a huge impact on tourism, and people will not react the same way in Quebec as they will in the rest of Canada so I believe that it will be a very interesting subject to follow considering the fact that several politicians in the French region want it to separate from Canada and become a new country.

Thanks for reading me,

Chris