{"id":570,"date":"2014-01-29T15:59:12","date_gmt":"2014-01-29T23:59:12","guid":{"rendered":"http:\/\/craigromano.com\/blog\/?p=570"},"modified":"2020-12-21T14:50:54","modified_gmt":"2020-12-21T22:50:54","slug":"the-loonie-dives-time-to-visit-canada-again","status":"publish","type":"post","link":"https:\/\/craigromano.com\/?p=570","title":{"rendered":"The Loonie dives! Time to visit Canada again!"},"content":{"rendered":"<div id=\"attachment_2195\" style=\"width: 310px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2195\" class=\"size-medium wp-image-2195\" src=\"http:\/\/craigromano.com\/wp-content\/uploads\/Princess-Margaret-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/craigromano.com\/wp-content\/uploads\/Princess-Margaret-300x225.jpg 300w, https:\/\/craigromano.com\/wp-content\/uploads\/Princess-Margaret-1024x768.jpg 1024w, https:\/\/craigromano.com\/wp-content\/uploads\/Princess-Margaret-768x576.jpg 768w, https:\/\/craigromano.com\/wp-content\/uploads\/Princess-Margaret-1536x1152.jpg 1536w, https:\/\/craigromano.com\/wp-content\/uploads\/Princess-Margaret-2048x1536.jpg 2048w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-2195\" class=\"wp-caption-text\">How can you resist a hike on Princess Margaret Island at a 10% discount?<\/p><\/div>\n<p>Back in the roaring 1990s I spent a lot of time traveling in Canada. Matter-of-fact, a lot of Americans did and it had a lot to do with a strong American dollar. Back then the Canadian dollar&#8211;affectionately referred to as the <a href=\"http:\/\/en.wikipedia.org\/wiki\/Loonie\" target=\"_blank\" rel=\"noopener noreferrer\">loonie<\/a> (after the <a href=\"http:\/\/www.allaboutbirds.org\/guide\/common_loon\/id\" target=\"_blank\" rel=\"noopener noreferrer\">common loon<\/a> on its dollar coin) was trading between 65 and 70 cents on the American dollar giving American travelers a hefty discount! Americans took advantage of that, swarming to Canadian destinations. Then around 2008 things began to shift-drastically-and the Canadian dollar surged to new heights surpassing the American dollar. With a loonie worth more than a greenback and with new travel restrictions in place (think passport needed for cross border travel) Americans began shunning Canada in big numbers. American tourism to Canada plummeted. Meanwhile, Canadians stoked with economic-steroid enhanced loonies flooded northern American states. No Costco on the northern tier could escape the Canadian invasion. But now in this new year-and yet another year of economic uncertainty-when quantitative easing is easing-the greenback is gaining strength and the <a href=\"http:\/\/www.thestar.com\/business\/2014\/01\/28\/loonie_slide_continues_amid_fears_of_slow_growth_in_emerging_markets.html\" target=\"_blank\" rel=\"noopener noreferrer\">loonie is diving<\/a>. What does this all mean? You might be able to find a parking space again at a Costco and it&#8217;s time to start thinking about visiting Canada once again. Right now you are guaranteed a 10% discount! Yep-all of your coffee and donuts at<a href=\"http:\/\/www.timhortons.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Tim Hortons <\/a>is 10% off right now. The trend doesn&#8217;t seem to be abating-so perhaps by this summer you might even be able to get those donuts for an even better discount. So, start thinking about traveling up there again! Get a passport-or at least an enhanced driver&#8217;s license and start discovering great hiking, camping, paddling, and running destinations up north. My upcoming book (<a href=\"http:\/\/www.amazon.com\/Day-Hiking-Juans-Gulf-Islands\/dp\/159485758X\/ref=la_B001JP2NLY_1_8?s=books&amp;ie=UTF8&amp;qid=1391039761&amp;sr=1-8\" target=\"_blank\" rel=\"noopener noreferrer\">Day Hiking the San Juans and Gulf Islands)<\/a> covers some great British Columbia destinations and I can&#8217;t think of a better way to get you excited about checking out the hikes in this book than with a 10% discount. See you at Timmy&#8217;s!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back in the roaring 1990s I spent a lot of time traveling in Canada. Matter-of-fact, a lot of Americans did and it had a lot to do with a strong American dollar. Back then the Canadian dollar&#8211;affectionately referred to as the loonie (after the common loon on its dollar coin) was trading between 65 and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2195,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[70,74,98,158],"class_list":["post-570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-day-hiking-san-juans-and-gulf-islands","tag-british-columbia","tag-canada","tag-day-hiking-san-juans-and-gulf-islands","tag-loonie"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Loonie dives! 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