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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 9, 2009
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Wide, consistent swings are what you need in order for your game to come in under par. That?s why you need a Flammer Golf Training Aid to assist you in keeping your one arm straight and the other arm bent at just the right angle. The Flammer Golf Training Aid is an adjustable harness that ensures correct ball contact.
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It helps you troubleshoot problems you are having with your swing. The Flammer Golf Training Aid straps on your body waist to chest. The entire mechanism works with your whole body to ensure quality swings.
The Flammer Golf Training Aid was developed by Mike Austin, a coach and professional golf player. The Flammer Golf Training Aid was designed to give you the feel of a correct golf swing. Incorrect swings feel uncomfortable and clumsy. The Flammer Golf Training Aid will give you the results of a better swing arc and swing plane while, through repeated use, help you develop a trained reflex pattern necessary for power hits and good scoring.
Used right or left handed, the Flammer Golf Training Aid attaches to the sternum using a simple clip-on harness. From the breastplate reaches an adjustable rod which attaches to your golf club at the top of your grip. This ensures a proper swing every time. With a controlled swing pattern, the Flammer Golf Training Aid prevents over-cocking of the wrists and teaches the player to release power at the point of impact?right at the ball.
Other benefits the Flammer Golf Training Aid has:
? Develop a correct golf swing
? Assure the correct position of, hands, wrists, forearms,
shoulders, torso, and the plane through which they move.
? Eliminate over-cocking, over pronation
? Develop precision hitting and co-ordination.
? Eliminate the “Cut-Across”
? Eliminate the smothered hooks
? Eliminate the shoulder wobble
? Eliminate the left arm collapse
? Train the reflexes to control the club-head and release the power through impact area
? Keep the club face in perfect position throughout the swing, which means square to the points on the swing circle through which it moves.
The Flammer Golf Training Aid is essential for any golfer to have. With all of its benefits, it?s no wonder it has become one of the most popular golf training aids in the world. The Flammer Golf Training Aid is as popular today as it was when it was first introduced. Millions of people around the world have used this training to device precisely to improve their golf swings, thus ultimately, improving their overall scores. The Flammer Golf Training Aid helped them and now it can help you. Give it a try!
Improve on your game with Flammer training accessories
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A good swing is a basic golf technique and you cannot have a decent play without a good swing. The training accessory for this from Flammer keeps one arm absolutely straight while the other bent to just the right degree to execute a perfect swing. It is a basic harness that ensures that the club strikes the golf ball at the right angle. This aid will no doubt help you make corrections to your basic swing technique. The gadget straps on to your waist and thus helps you adjust your whole body to get that perfect swing every time.
Mike Austin, who has been a professional golfer for many years, and also a trainer, has designed this swing accessory. It basically trains you to get the feel for the perfect swing. If your movement is not perfect, the accessory kind of gets in the way and makes you feel uncomfortable. It helps you develop the right arc and plane for your swings and repeated use will help you perfect your swing, after which you will no longer need to use the trainer. This is much like using training wheels when learning to use a children?s bicycle ? after some time the kid no longer needs the third wheel.
The Flammer golfing aid can be used by left-handers as well as right handed players, and it straps on to the body with a harness. The top of the golf club attaches to an arm connected to the waist. The arm of course, allows you to only swing in one arc, so if you steer off course it will make you uncomfortable. The trainer teaches you to swing correctly, and prevents you to over cock on the wrist. Once you have the swing perfected you will be able to release full power at precisely the right time, that is, when you connect with the ball.
This handy gadget could also help you :
? Firstly, the swing of course
? Helps improve the position of all body parts in order to execute the perfect swing.
? Get rid of over cocking and too much force at the wrong time
? Helps you fine tune precise hits.
? Helps you get rid of cut ? across hits
? You will no longer have smothered hooking
? Helps you prepare your shoulders and make them steady
? Gets rid of the left arm collapse that troubles many beginners
? It gets your reflexes get prepared to release power at the precise time of impact of club on ball
? Helps you position your club head correctly through the whole action
This Flammer golf accessory is a must have for any golfer, not necessarily just a beginner. It is on the top of the list of all training material available for golfers. It has stood the test of time, and remains as popular at the present, as it ever was. Many many people have used this training gadget to improve their swing, which of course has a direct impact on their score cards at the end of the day. This gadget has helped so many people around the world, there is no room left for doubt that it can help you improve your swing as well.