Doug Porter, deputy chief @ BMO says, " We're into territory that the Canadian Dollar hasn't seen since the 1800s when it reached US $2.78."
This means that Canadian manufactures will have to become Smarter and Utilize Greater Efficiencies to compete with Foreign competitors.
Hopefully, all our Government and City Employees will inculcate this challenge also.
Overnight Oil & Gold still strong.
Word from Tbilisi Georgia, indicates they are in a State of Emergency and Moscow is angry.
This should create considerable World Response.
So, looks to be another interesting day unfolding.
Some ARU news could generate a buoyant feeling.