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Old Sep 28, 2004 | 6:14 pm
  #74  
Doc Fraud
 
Join Date: Nov 2003
Location: Toronto, ON, Canada
Programs: SPG - Platinum, Hertz - 5 Star
Posts: 2,387
Originally Posted by B767
I am in the same situation as cattle. I am paid in the US dollars and have watched my paycheck plummet by 18% since the beginning of the year.

On the business side I have been purchasing more product from US factories and less from Canadian factories.
I have an interesting twist on the income reduction problem. Just before the Cdn $ started its assent from the depths of the mid $.60 level, I bought a new boat built in the US. So in addition to the normal depreciation, I am saddled with a hefty translation deficit that will be impossible to recover.

DF
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