At least they're legalizing weed! Right? :^)

What does this mean in relation to the euro? I don't understand any of this but I need to know, I have some canadian money. Should I exchange it all for Euros as soon as I can or what?

Yeah I don't get it.

>>53591887
not much since this is tied to oil prices

if nothing euro should gain since they import oil

>>53592069
so for someone who has CAD but lives on Euros it's all good, right?

>>53592126
If you don't mind your CAD becoming worthless.

>>53591759
Murica tell the sandniggers to stop dropping oil prices pls desu senpai

>>53592202
I don't use them as CAD, I just withdraw them as euros when I need to. What I'm worried is the CAD - EUR conversion rate...that' not changing, is it?

>>53594252
Why the fuck would the conversion rate change in relation to US dollars but not Euros? Are you fucking stupid?

Actually legalizing weed would literally help the economy at this point. Fuck it

>>53591759
ANNEXATION NOW

>>53594415
>accepting Canadians into your ranks

A steep price indeed ;^)

>>53594252
>>53591887
Me too mate, tell me when you figure that out.

This happens every decade and is nothing new.

We've been worse off than this

>>53591759

I can't wait to bring $5 and take a week long trip to Canada.

>>53591759
oh man, cheap weed. Sweet.

Same thing happened in Uruguay with Mujica

>DUDE WEED

>SORRY ABOUT THE ECONOMY BRO

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How did the weedman wreck the economy so quickly?

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Crashing this economy. WITH NO SURVIVORS.

>>53595517
he has the same dead lazy eys that mentally ill people have

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>>53591759
I'm going to off myself thnx.

>>53595517
He didn't, it's literally impossible for him to have made any impact on the dollar in 2 months. Harper on the other hand, was in power for almost 10 years and implemented policies that pegged the dollar to oil.
I'm going to get replies saying Harper was based or some shit but if you knew even the slightest thing about economics, you'd know it was more to do with the previous government and nothing to do with this one.

>>53594564
Noice,

Not sure why people get so but hurt over bants in this board, I actually audibly laughed over this comments and didn't feel but hurt. Why can't other people do the same

can someone tell me 1 reason why we shouldnt nuke saudi arabia

>>53591759
>for every 1cent fall, Canadians food costs go up 1%
>currently at 70 cents to 1 USD

FUG :dddd at least we have refugees

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>>53591759

>Go to Canada a couple years ago and it was worth like 5 cents more
>Saved a couple hundred bucks I forgot about
>Now it's useless

Oh well

>>53596823
We've been tied to oil for a long time. Like Russia and other countries it's a big part of our economy. He just continued to not invest in other industries as a backup plan like all other idiot governments. Kind of made it worse that we had 100 dollars a barrel for a while and everyone assumed it would stay like that for ever. Meanwhile we might go bellow 30 dollars a barrel.

>>53596947
>tfw didn't invest in USD
>money is worth 30% less

>>53594327
Quick someone post global iq map

The government is still accepting pennies, right?

the world is gonna end in like a year anyways it doesn't even matter

>>53594252
If CAD-USD changes and USD-EUR doesn't, then OBVIOUSLY the CAD-EUR rate will change.

>>53596823
Harper was based

>>53598812
I thought it ended three years ago

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>>53598867
Tone was based

>>53598812

LOL no

>>53591759
Not that I will ever want to visit this libshit-infested shithole, but at least to tourists it would mean cheap shit all around and blazing it 420 on the streets without repercussions.

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>work in an environmental company that mainly deals with oilfield waste
>trucks have stopped bringing in shipments
>have about a week left of work with nothing else planned

Going to get laid of lads

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>Minimum wage is $11.25 in Ontario
>$11.25

>>53599052
Do you have a degree or a recognized licence?

>>53599052
People have stopped using oil?

>>53599136
I guess the oilfields are producing less due to the low price of oil, so less waste is produced? I think that's what he meant.

>>53599136
>>53599572
More likely less development work going on, no new wells

>>53599113
is that good or bad

>>53599136

Thanks to American pressure to kill Russia, Saudi Arabia has been overproducing this causing the current price of oil to drop and making it too expensive to produce for many countries

>>53599638
t-this is america's fault too?

>>53599811
What do you think faggot ?

>>53599811
Yup, just like how the US ordered the 1973 oil embargo against the US. Oh wait, that doesn't make sense.

>>53599877
You don't understand basic geopolitics do you ?

You're talking about 1973, I'm now talking about 2016.

>>53599811
Europeans will blame the US for anything and everything.

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>>53600032
Not this kind person >>53599877

>>53600032
>we gud boyz we dindu nuffin no ISIS no refoogees no ukraine wasn't us where are the proofs

>>53591759
Source plz.

>>53600028
The Gulf Arabs aren't doing this on behalf of the US for some shit with Russia. They're doing this against Iran. Since the sanctions on Iran will be lifted, the Iranians can start selling again. The Arabs think they can cripple the Shi'ites by flooding the market with oil so cheap it will make Iran's comeback to the market pointless.

>>53600175
>B-But muh US bogeyman!

>>53599136
it costs a certain amount to process oil from tar sands, that's where most canadian oil is, in tar sands. when the price of oil is higher than the cost of extracting it, they extract it, when the price is lower, it's not worth extracting so production shuts down.

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>>53600175
Iran is irrelevant, the two factors are Russia and American shale oil

>>53600304
>Iran is irrelevant
Not to the Saudis it isn't. That's that other guy's entire point: Saudi Arabia wants to keep the Iranians out of the oil market as much as possible after sanctions are lifted. It has little to do with the US or Russia.

>>53600304
It was threefold.
1) Against Iran
2) Against Russia (to punish them for intervening in Syria)
3) To cripple emerging markets like the US.

They killed 3 birds with 1 stone, as it were. A costly stone, but it worked.

>>53598867
he wasn't

>>53600723
Even other conservatives despised him but he was the figurative glue to be quiet honest in the party.

>>53599811
Yes. We are le big bad boogey man, according to all of /int/

>>53599811
yes