"Upscale" wrote in message
...
"EXT" wrote in message
What most Americans don't know is that the US currency is in the toilet.
I
run a Canadian company which has 99% of its income in US dollars. Our
revenue is up but when converted to Canadian dollars it becomes less than
years before. I used to get $1.60 Canadian for every one US dollar, now I
only get $1.08 per US dollar and the experts say that the two currencies
will be par by year end.

Funny how our great Canadian dollar is worth so much, yet our mayor David
Miller of Toronto, Canada's largest city is crying how Toronto is broke.
He
is and will be taxing everything in sight including stuff like putting
a10%
tax on all purchased beer and alcohol.

American currency may or may not be in the toilet, but what good is a
strong
Canadian dollar when our government literally taxes us into the poor
house,
effectively taking away any advantage to the ordinary citizen?

A strong Canadian dollar is not good for the economy. They are saying it has
cost 250,000 jobs to date, with another 250,000 jobs if it goes par. The
city of Toronto has many problems with trying to favour many groups and not
doing any of it well. Hotels are not earning much profit with the scarcity
of tourists, so they are not paying so much on business tax. The city is way
undertaxed compared to the 905 area. I see every day people who used to
complain that their property taxes doubled during re-evaluation, so now they
are paying $2000.00 in property taxes instead of $1000.00, where houses in
the suburbs are paying $4000.00 for houses with the same evaluation. The
differences are still apparent.

Enough said, this is a thread about rising costs for wood products while
quality is going down in the US, not about Toronto's mismanagement of money.