Originally Posted by Spritzer (Post 8339315)

Wish we could as our total income is in UK pounds. It was 2.52 when we came so the drop is huge.

We may even have to give up our wine and bearing in mind that we hardly ever go out over here that would be the last straw!:eek:

Originally Posted by garywright (Post 8382602)

i,m selling the house in canada and moving back to uk,any ideas as to best place to go to ,to get best rates of exchange.

Originally Posted by garywright (Post 8382602)

i,m selling the house in canada and moving back to uk,any ideas as to best place to go to ,to get best rates of exchange.

Originally Posted by kamikaze (Post 8337611)

Thanks for that, I guess there are some nice people in calgary , Its just shows there is a divide between people who make jobs and people who just have one. Its dead easy to throw insults, try employing hundreds of people and having there familys dreams resting on your shoulders and you might understand my post, until then keep doing you 40hr week and leave the finance isssues to people who undertand economics.

Originally Posted by garywright (Post 8382602)

i,m selling the house in canada and moving back to uk,any ideas as to best place to go to ,to get best rates of exchange.

Originally Posted by MarkG (Post 8339331)

Dunno, I see at least two real chances of that happening in the next year:

1. Tories win the election and they get at least a 'honeymoon period' where currency markets expect them to do something to get British borrowing under control. Possibly they do even manage to get it under control, though I can't see Cameron suddenly growing enough balls to do a Thatcher.

2. China tanks and the commodity markets go down with it, reducing the value of Canadian resources.

Originally Posted by Alan2005 (Post 8383916)

1.57 right now. I think the market is pricing in the chance of a hung parlianment - that would be a disaster all round.

Originally Posted by kamikaze (Post 8337586)

I hear ya , I hear ya, our goal was to move to BC to have a family and grow a business, make jobs, we already have the big house on the ocean,so for us it was all about whales,bears,cougars,mountains,eagles and the great out doors, but when it comes to business I am ruthless and I wouldnt borrow money at these rates let alone give away my own to a bad exchange market, I understand that for most people when they are changing the value of a family home then its maybe only the differance of $15/20K at a poorer exchange rate but when your looking to invest in Canada then your looking at hundreds of thousands of $ and you have to ask yourself where is my money better to live ? in canada where its instantly worth 20% less than it was or just sleeping here in the UK, It would not be as hard a decision if canada still had cheaper goods and services but other than Gas & cars we are not seeing the differance we used to, it now cheaper to buy most thing in the UK in our mind.