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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 October 26, 2009
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Are you looking to do battle with Harry Potter against the Death Eaters? Yep, the Nintendo Wii has that too.
Thanks to the Internet, there are a lot of places that you can find inexpensive games, like the cheapest Tiger Woods PGA.
By admin On October 26, 2009
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Mastering the short game in golf is a key to lowering your scores. Without a doubt, if you can master your putting game, you can dramatically cut strokes off your game.
Good putting starts with your grip. You need to pick a grip that is comfortable for you and allows you to easily control your putter. The reverse overlapping grip is the most widely used.
The index finger on your left hand overlaps the little finger of your right hand. Many golfers prefer the index finger to overlap more than one finger.
The thumbs are straight down the front of the shaft. Your hands should be at the top of the club, or close to it. Gripping too low on the shaft is not recommended because of the longer distance the club would have to be swung for the longer putts.
Your feet should be about shoulder width apart. Stand close to the ball with your arms close to your body and your eyes directly above the ball. Bend your knees slightly and bend your elbows.
The swing should be a relaxed swing. Your arms and your hands move together through the ball in a perpendicular motion. You want to stroke the ball with the middle of the putter head. Keep your eyes on the ball at all times and you should see the putter hit the ball. Do not look up to follow the flight until you have completed your swing.
Adjust the length of the swing according to the distance of the putt. The swing mechanics remain the same for short putts and for long putts. The length of the swing is all that changes.
When lining up the putt, the putter head should be square to the target. If you anticipate a break to the right, for instance, your intended target will be above the hole. How far above the hole you aim depends on the break of the green. Your putter head will not be square to the hole but will be square to the point above the hole where you expect the break to occur.
You want to practice putting before you start your round. Too many golfers hit the practice green and begin trying to drop long putts. It will be to your advantage to start your practice putts close to the hole. Get this stroke down until you are comfortable and the ball is dropping consistently.
Now begin to move away from the hole and continue putting. As you get more comfortable, begin to move farther away. For most weekend golfers, the objective is to get long putts as close as possible to the hole to make the putt more manageable. If you can consistently make putts from a short to midrange distance, you will easily lower your golf scores.
By admin On October 26, 2009
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Golfing is a great thing for people of all ages. Women are now golfing more and more, and it is a good sport to teach your kids. If you are thinking about taking a golf vacation in Myrtle Beach, there are tons of golf lessons available for kids. There are also other activities in the area ensuring that your family will have the time of their lives. There are museums; there is the beach, restaurants, comedy clubs, and other fun events. Golfing in Myrtle Beach is a great way to spend a great golf vacation with your entire family.Junior golfers need to be encouraged both by their parents and by the golf academy or golf pro they take golf lessons from. Its important that golf is shown as an exciting and enjoyable pass time and the rewards of hitting a fantastic drive are as great as scoring a goal on the football pitch, but your kids need to know this.
If you are a parent, it is your first job to make golf accessible to your child. Kids will probably lose interest if they have to sit in a car for 40 minutes before a lesson. There’s no excuse for not getting your child to a course or academy, we are all surrounded by golf (you just have to open your eyes a bit). Make sure you find them somewhere local, somewhere you can get them to in a few minutes. If it is somewhere local you’ll be more willing to take them for lessons or to play on a regular basis. Remember, though, if taking children to driving ranges or golf courses, try to take them when they are less busy. Trying to learn in front of large crowds, or being pressured by other golfers to “hurry up” can quickly put your child off and you’ll have trouble getting them to pick up a club again.
Obviously one of the biggest problems with getting kids involved in golf is they can’t just pick up a club and a ball and whack it around in the street (or if they did I’m sure the neighbors would have a few things to say). Do not buy a practice net for your back garden. Children learn by imitation, so watching others play golf is a great way for them to improve. Let them watch a PGA event on the television. Its amazing how a child’s interest is sparked when they see the pro’s in action. The real trick is to help and encourage your child without pushing them and applying pressure. The main focus for junior golf is to keep it fun and interesting anyway you can. If your child enjoys playing golf, they will naturally want to develop their skills further.
For more resource about Myrtle Beach or even about Myrtle Beach Hotel and espcially about Golf Vacation please click these links.
By admin On October 26, 2009
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Are you new to this game of golf? If you are new you must keep in mind not to go for the golf club set when you join because very soon find out that you are not made for this game. Also when you are new it may be difficult for you to judge the type of golf clubs that are apt for you during the learning stage. The smart option is to begin with used golf clubs that may work out to be cheaper. There are some tips that can help you look for the best used golf club set
Initially you may like to play with the rental clubs which is at a driving range. At this point of time you should not be scared of asking your friends or others who play golf to try their clubs on the range. This may be an excellent opportunity for you to judge the type of clubs which may suit you the best. Once you gain some experience you can go in for your own clubs.
Get customized clubs:
Always go to those people who know about golf equipment you go out to buy golf clubs. Look for expert advice from your local provider at your local municipal course who can provide a lot of information and advice. Another way is to consult the experts present at the golf shop or your friend who plays this game well or who knows lot of information on golf clubs. There are plenty of reviews about golf clubs that are used and can come handy. You can find the same on the internet for used golf club reviews. Many people are ready to give advice but keep in mind that what suits them may not necessarily be the same in your case. Identification of the right golf club set that suits you is the special skill that you may need.
As a newcomer to this game it is better to learn this game with half set of clubs, all matching iron of the same model. The half-set in normal cases is nothing but a mix of various combinations of clubs which predominantly has some iron clubs, including pitching wedge and putter.
In most cases the driver is not present in the beginner’s half set as it is the hardest club to control. Beginners normally achieve better results using a wood on the tee box. Likewise, some irons are avoided at the early stages of the game like the 1, 2, 3 because each of these long irons demands an accurate strike. A lofted wood is more forgiving than the thin blade of iron club heads.
The half set is a good mix of clubs which helps the new comer to improve their technique of swing till they become good enough and can go to the complete set containing the golf clubs. It is therefore advised that you go for a golf model for your half set from a good manufacturer who can upgrade the kit at a later stage.
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