Not since 1976 has the Canadian dollar been worth more than the American Dollar. It has been a long road with times where the currency was worth almost half as much as the US Dollar. Times have changed and the USA currency isn’t the machine that it once was. The rising dollar has less to due with the super strong Canadian Economy and more to do with the very weak and troubled US economy. When you compare the Canadian Dollar to the Euro, it has been rising slightly but it is basically the same level it was a year ago. 1 Euro is 71 cents Canadian. One thing for certain with the new found parity with the US dollar is that some prices are going to have to change soon. Most prices have been set at an exchange rate of 1 CDN = .80 USD and that is no longer the case. It would be nice if all the prices of goods fell in Canada but I expect that the United States will have to raise their prices more to keep up with the rest of the world. This dramatic rise in the Canadian dollar has sure helped to keep inflation very low. Hopefully our exporters won’t be affected too badly by the change and the economy can keep on chugging along.