Canadian Dollar hits parity!

parity1.png ...If only briefly. According to Bloomberg, the US dollar traded at $0.999 relative to the Canadian dollar at 10:58AM this morning. It has since rebounded, but the Loonie seems breathtakingly close to overtaking the greenback.

To all my American friends: yes, I know this will decimate our export economy. Nevertheless, I'm going to take some pride in our humble dollar. And the fact that is now a garden of bargains.

Oh, Canada!

UPDATE [2:59PM]: The age of parity has officially arrived.