More beer money

The Canadian dollar had quite a day. As of 8am the loonie had busted through US$1.10. But the c-buck actually ended the day around 1.07. A lot of volatility. A lot. BNN assigned me a fun story today. Find out how much more buying power Canadians have now versus a year ago when they go abroad. I decided not to look at buying power in the U.S. That has been well documented in the mainstream media. Apparently wait times to cross the border into the U.S. and get back into Canada are one hour plus. So obviously Canadians already know how much further the dollar takes them these days when they go to the U.S.
But what about Europe and elsewhere? The price of a plate of fish and chips in "Archies Fish and Chips" in North London will cost you approx 15 pounds which is about 30 Canadian bucks. A year ago it would have cost you 35 bucks. The price of a pint of Guinness in "101 Talbot" in Dublin Street, will cost you about 3 Euros and 50 cents. Or about 5 bucks Canadian. A year ago it would have been 5.50 Canadian. Savings in the price of fish and chips and lovely pints all because of how much the loonie has gone up against the pound and the Euro.