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By admin On January 25, 2010No Comments
In over 30 years, since November 1976, the US dollar and Canadian dollar have not been par until now. As the Canadian economy has been progressing over the years, the US economy seems to have fallen behind with all its turmoil.
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The war in Iraq has not helped the US economic situation but rather offset the deficit, and in a move to avoid the forecasted economic recession due to the credit crunch, the feds cut interests rates by 0. 5 points to 4. 75 percent. The move to cut interest rates to ease the mortgage industry has weakened the US dollar against foreign currency including the Euro, and giving the push for the Canadian dollar to hit parity with the US dollar. One US dollar now buys one Canadian dollar. But the Canadian dollar’s gain isn’t only linked to the US federal interest rate cut, but can also be seen as the Canadian economy has been booming in an upward gain from 2006 with a low inflation rate, and a red hot oil industry. This rapid progression of the Canadian dollar against the US comes as a shock to some Canadians, who measured the Canadian dollar value at . 62 USD only four years ago in 2002, and now hitting par seems too good to be true. As Jeff Rubin, chief economist and strategist at CIBC World Markets, stated, “the Canadian economy that once used to be the sleepy little resource backwater of the North American economy is certainly turning the tables on its big brother in a hurry. ” So what does all this have to do with Canadian and American dealings with each other? Well, for starts there will be an increase in American exports as buying from the American markets will become cheaper for Canadians. Although, vice versa Canadian exports to America will also decrease, as it will simply cost more for Americans to buy Canadian manufactured goods. The Canadian tourism industry will also suffer, as more American visitors will decline as the dollar parity discourages Americans from shopping in Canada, since the one time savings of up to 40%, due to the dollar value, will no longer be available to Americans. Although, Canadians will suffer in sales, they will gain in purchasing from American based businesses, and buying cars from the American side is becoming more attractive to some Canadians. As car prices in Canada are much higher than in America, a lot of Canadian shoppers will find drastic savings by traveling south of the border to buy a car. The difference in prices may not be the greatest for all cars, but gaps in some categories such as luxury sports cars, will save a Canadian buyer almost $14,000 on average. But the high loony will put pressure on Canadian companies that are dependent on exporting to the US, who is also Canada’s largest trading partner. Already, in 2006 there were almost 100,000 job losses in southeastern Ontario, due to the rising Canadian dollar against the US dollar. Even with such a massive job loss, the Canadian economy is still doing well, as the manufacturing sector loss a total of 289, 000 jobs since 2002, the Canadian economy has created over one million jobs in resources, construction, services, health care, education and financial industries, leaving the national jobless rate at 30-year low. In contrast the Canadian dollar seems to be stronger over the American for the time being, but only time will tell the future of the American dollar vs. the Canadian. If asked to predict, there is always uncertainty, but given factors such as future interest rate cuts by the Americans, could possibly even lower the US dollar compared to the Canadian, and this could become reality in the next 6-12 months.
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By admin On January 22, 2010
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Better your golf game and Save Money Every golf player wants to learn how to better their golf game, and dependant on how much money a golf player is wishing to invest there are a a lot of assorted choices to select from. From individual teaching, to video recordings, books and software system programs that instruct golf players the basics of the perfect stroke and help them produce a stronger stroke. Golf players who like the DIY approach could do well from cheap internet programs configured to aid golf players and acquire the hints and tips of improving their golf game. Cheap Online AidsMake sure to simply follow advice from golf teachers and other masters because a quantity of video recordings are produced by amateurs can as well be obtained on the internet and applying their advice can make a bad stroke poorer. Cheap books and software packages online can as well help you better interpret the mechanics behind the stroke. You are able to decide to purchase common items for decent costs in the store but for gear that is pricier look at purchasing used to see if the cost is actually worth it. Purchasing used stroke analysis instruments, clubs with particular grips and weighted clubs could preserve you heaps of cash. These items are frequently sold in perfect condition, commonly by other casual golf players who spent a bit much cash too soon! You could as well decide to borrow gear from friends who no longer take an interest in the game or do not mind sharing. No one can better their golf game by just picking up the golf club and swinging. Watch over the golf channel, keep an eye on masters during matches. Travel to Play Golf AmericaPlay Golf America a part of the PGA, provides a ton of cheap golf game associated activities throughout the year to get new players involved and aid long term golf players from getting burned out. With customized fitted gear golf players have a better grip on their golf club and increase their execution when swinging. My name is Vito Bolen, I am a golf enthusiast. I hope these few tips have gave you some valuable ideas if you need some more great tips, check out my golf secret website, I’ve found a way to drastically improve every part of my golf skills with a variety of sources. To find out more check out my Golf Secrets Site Here and learn more. http://golf-secret. com/
My name is Vito Bolen, I am a golf enthusiast. I’ve found a way to drastically improve every part of my golf skills with a variety of sources. To find out more check out my Golf Secrets Site Here and learn more. http://golf-secret. com/
By admin On January 21, 2010
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Now it’s time to head to the golf course. You can’t wait to try out that golf swing of yours. Try going to one of your local public golf courses. There are many very nice public golf courses that are also very challenging. These courses are much cheaper than a lot of your fancy country club type golf courses. Check out what types of golf courses are in your area. There are a couple of golf courses by me that are only 9 holes. One of them is a par 3 golf course. This is an excellent type of course to bring your kids when you are just introducing them to golf. The course is smaller so they can hit any club they want. Also with the golf course being so short it is easier for them to walk it. Another advantage of a par 3 golf course is it gives you plenty of practice with your irons. You will always be using an iron off the tee so you will know exactly how far the green is and how far you hit your club. One other great advantage of a par 3 golf course is it’s not expensive. In fact it is cheaper for me to take my family there as it is to go to the driving range. You should also see if they have a nice driving range, putting green and even a chipping green. These all come in handy to loosen you up before your round starts. Don’t forget to check the clubhouse. See if they have a golf pro that runs the pro shop. If they do see if they offer lessons and how much they cost. This is a good way to learn the game and also become friends with the person who runs the show at the golf course. So check around, find what is right for you and get out there and have some fun.
Ron Johnson researches golf basics and writes articles on his findings. You can find more ideas by visiting his website at: http://sites. google. com/site/basicgolfclub/golf-course or visit and add your experiences at his blog at: http://rj-golfbasics. blogspot. com
By admin On January 21, 2010
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If you live in the New York, there are many golf courses you can choose from to go enjoy your day.
By admin On December 11, 2009
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Its Friday, and it’s indeed a Black Friday for Tiger Woods. The Tiger Woods Mistresses count and list is increasing day by day. The scandals and alleged affairs just refuse to die. Every other day, someone or the other claims that she had an affair with Woods. People are daily searching for the photographs and pictures of all the mistresses and women with whom Tiger was linked.
The latest news and updates is that the Tiger Wood’s 15th mistress details are out. She is called Loredana Jolie.
Braun said that Tiger Woods paid for the alleged mistresses and prostitutes. In fact he paid a lot of money to them. She said that she had sent four escorts to him a total of 6 times between 2006 and 2007, charging him around $60,000. She added that Woods would call her on the phone and order a female. Braun added that Tiger would call her, pay cash and have women flown to where he was scheduled to play and would mostly request for college cutie, girls next door look.
Loredana Jolie, the alleged 15th mistress of Tiger Woods. Jolie has also appeared in Playboy and her photographs and pictures are available all over the net. Jolie is from Sicily and had an affair with Tiger Woods between 2006 and 2007. Lordedana Jolie is also listed as Cyber Girls of the week in week 3 of September 2002, as per Wikipedia.
Also it is believed that Tiger Woods wife Elin would not divorce him for the sake of their children and has also asked Tiger to choose either her or golf. It is said that Tiger Woods is even ready to quit golf to save his marriage and be with his wife and children.
