11-14-2016, 08:12 AM
(11-14-2016, 04:23 AM)RolloTheGreat Wrote: Perhaps another piece of the puzzle:
(11-14-2016, 02:17 AM)SickBeast Wrote: I only paid $336CAD for this phone plus tax which works out to only $248USD. To get a high end handset from a good brand like LG is an amazing deal IMO.
Ah. So money there is worth a lot less because things cost a lot more?
I just did a currency converter and $53,000 salary USD equals $71,600 Canadian dollars.
Looks like we pay our teachers about the same?
I ran the $80000 you thought our teachers make for the heck of it, would be $108,000 up there.
I'm not so sure that factoring the currency makes a whole lot of sense. The Canadian dollar is down quite a bit right now, however it wasn't very long ago that the two currencies were at par.
You do have a bit of a point, though, at least considering the current value of the two currencies. How much do people with a post graduate university degree make down there, though? Up here people with that much education earn at least $60-80,000CAD if not more.
Once the price of oil comes back up, which it inevitably will, the Canadian dollar is going to shoot back up to where it was before. We will also see a boost from the Keystone XL pipeline that Trump wants to allow, plus I don't foresee him really giving us a hard time in terms of our trading relationship. I think he is going to go after Mexico.