Loonie soars; Canadian dollar scales new heights, raising concern for jobs, tourism markets

    From the Niagara Falls Review:

    For the first time since the 1970s, Frank Herman walked into a local gas station with American money and had to pay exchange.

    “I asked how much (gas) I could put in for US$20 and I was told I” could only get C$19 worth, he said, after filling up as the Canadian dollar crept toward parity with the American greenback.

    “That really bothered me. I felt ripped off. I’ve never spent money on gas in the U.S. because I don’t believe in it – I believe in supporting businesses right here.”

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