Quoted from frolic:The thing is though, my whole life the Canadian dollar has always been 20-30% less than US, so these last years were an anomaly. I wouldn't bet on seeing a par dollar again.
It will continue to go up and down. For Canada's manufacturing sector a lower dollar is what is needed. Over 80% of Canadian made products are sold to the USA. The lower dollar helps our products sell very well. Bad for Canadian Tourists, and us, buying new USA made pinball machines.