To: JACK R. SMITH JR. who wrote (5166 ) 2/23/1998 11:44:00 PM From: Gene Veinotte Respond to of 14226
Thought you may be interested in the discount broker side of it, via Greenline. I use this in Canada but you can use it in the US to trade your stocks as well. As for the Canadian $ there is some debate as to where it is headed. Much political turmoil still in Canada with the possibility of Quebec calling another election. Also, the Federal Gov't will be announcing a budget surplus, tomorrow and telling us where they intend to stick us, I mean , where they intend to stick the surplus. Sometimes difficult to tell what the difference is. We deal in only billions of dollars, here, not trillions, whatever that is. Must put a good deal down on the accumulated deficit or we will not be in good shape for the future. At least it is a surplus which we haven't seen for many moons. The Canadian dollar is near its all time low against your currency and this came recently, in December, I believe. I can recall when it was trading above par and thus encouraged more across the border shopping. I recently moved to British Columbia and saw an interesting article in the paper the other day. A local ski resort just had its busiest day ever. Loads of Americans came to visit the hill , lots of condominiums sold lately and apparently a deposit was made to build a new hotel there as well, deposit was in American dollars so I will let you guess where that came from. Great for the tourist trade. Not as many Canadians going south these days due to the value of the Canadian peso, err dollar. El Nino has been kind to us in Western Canada this year but not so much in the east with the ice storms and the erratic weather in your country and around the world. Take care. Gene Some Canadian links:exchange2000.com