This morning, $1.00 US will buy you only $0.95 Canadian.
Brent Crude oil is $124.66 a barrel.
I was hoping someone would notice this in the table the other day that I created of Per Capita Oil Reserves by Country
Canada has recoverable oil reserves of 5,152 barrels per person – at today’s price, that is $642,248.00 USD per person or $673,427 CDN per Canadian.
Now Canadian crude from oil sands is expensive to get out of the ground, but no matter how you look at it, Canada’s future looks pretty bright, unlike the US where we are starting to calculate the unpayable debt per capita.
TD bank is the U.S. subsidiary of Toronto’s Dominion bank. You might want to open your account now and beat the rush.
What country does the US get most of it’s oil from?
Canada.
If we started changing to nat gas we could get off the MidEast imports, and the price of oil would plummet.
Royal Bank of Canada is actually trying to unload their US bank holdings…
http://www.theglobeandmail.com/globe-investor/rbc-fields-offers-for-us-retail-business/article1974736/
Howabouta nice hot cuppa Federal Reeserve?
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
Thomas Jefferson, (Attributed)
3rd president of US (1743 – 1826)