Bettman's nightmare has happened - 1 Canadian Dollar = 0.69 United States Dollar

[Fenway]

The 80-cent dollar was something the NHL could live with but now we are creeping closer to where were in the 90s.

This is a case where politics and hockey become intertwined as It will affect the salary cap because HRR is in $USD - The simple truth is this is the lowest the loonie has been since the lost season of 2004-05.

Pierre McGuire fears it might drop to 50 cents



We can't ignore it but let us at least try to keep politics out of this

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[Cloned]

Maybe now Canadian teams will actually get fair officiating in their games.

 

[CanadienShark]

When I want to know the state of our economy, I always go to hockey insiders.

Also, obligatory "nice."

 

[Zirakzigil]

Doubt it has bottomed out sadly. Two bricks still have to fall, what Trump actually does and when an election happens in Canada. Until then I think it drops lower.

 

[Kryten]

 

[Nemesis Prime]

.69

Nice

 

[John Mandalorian]

Soon to come: Commercials with Ron MacLean explaining to Canadians why it’s wise to invest in silver.

 

[Martin Skoula]

Should fix itself after annexation no?

 

[Tuna99]

Oh no, how are these Billionaires going to pay their millionaires?

Nobody cares. Means nothing to competitive advantage.

 

[Cnile]

Doubt it has bottomed out sadly. Two bricks still have to fall, what Trump actually does and when an election happens in Canada. Until then I think it drops lower.

 

[TheBeastCoast]

Just what I needed on a Thursday morning.....Pierre McGuires opinion on the state of the Canadian economy.

 

[Fenway]

I remember the night of the World Cup Final in 1996 when a Montreal bar would give you $160 CDN in exchange for $100 USD cash.

 

[John Mandalorian]

I remember the night of the World Cup Final in 1996 when a Montreal bar would give you $160 CDN in exchange for $100 USD cash.

The World Cup was in 1994 and 1998. 1996 was the Eurocup.

 

[TheNumber4]

Players are paid in US, so if they play in Canada their spending power goes up substantially. Therefore all players should force their way to Canadian teams! It’s the new palm trees baby!

 

[Fenway]

The World Cup was in 1994 and 1998. 1996 was the Eurocup.

 

[MoneyManny]

Canada's free agent signings are going to peak after we become an American state.

 

[JPT]

I have a hard time caring about how this will effect hockey.

 

[hangman005]

Can we bring back cash trades, McDavid for an American Dollar will blow peoples minds.

 

[John Mandalorian]

Ah. Carry on then.

 

[Fenway]

Can we bring back cash trades, McDavid for an American Dollar will blow peoples minds.

@hangman005

 

[Rschmitz]

Just become a U.S. state and problem solved

 

[TheBeerNerd]

Nice

 

[FLAMESFAN]

Soon to come: Commercials with Ron MacLean explaining to Canadians why it’s wise to invest in silver.

Come on, we're smarter than that....we invest in Maple syrup.

 

[John Mandalorian]

Come on, we're smarter than that....we invest in Maple syrup.

Ha ha. In theory, this will help Canada with exports.

 

[LeafGrief]

This is why all those projections about the salary cap going to the moon are nonsense. Don’t believe it until it’s official.

Nobody cares what Pierre McGuire thinks about the economy, but I think a lot of us up here are worried that it will continue to drop. I’m sure Brad Treliving and Brendan Shanahan aren’t, so we can look forward to a 13m Mitch Marner extension and an explanation of how it’s a bargain, but such is life.

Nice.