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Friday Random Thoughts

Strong Dollar, Why No Price Drops?

As a Canadian, you may have noticed that most books and other items have two different prices – one in U.S. dollars and the other in Canadian dollars. You can find these prices on the back of most books in a bookstore. Generally, the U.S. price is much lower than the Canadian price. Sometimes, there may even be a third price listed for European buyers.

I am assuming you want me to rewrite the text you provided to improve its clarity and fix any spelling, grammar, and punctuation errors. Here’s the revised text:”I wonder if the books’ prices in Canada will decrease due to the strength of our Loonie. My guess is that the American price will increase to match the Canadian price, but it’s still uncertain. Another possibility is driving to Ogdensburg to buy books there, which could lead to a resurgence in cross-border shopping.”

Lots of Women at University?

Being the father of 3 beautiful daughters, I was glad to see that Young Men are far less likely to move onto post-secondary education than women (given I am a father of a two-year-old son, I am also quite concerned). Interesting, so I had better not plan on using my daughters’ RESP to pay off my house. However, maybe I can use my son’s?

LuLu Lemon on the Rampage Again

This stock just keeps going; it is now flirting with $40 a share, and given its initial IPO of $18, that is one heck of a lot of growth in equity value in a six-month time frame. Maybe we need some smart guy to tell us more about this stock, say Investment Jungle?

Ontario Election Looms

The October 10th election in Ontario looms on the event horizon, and all candidates are making promises that are dubious in their origins. How are they going to pay for all of this? At least the NDP is honest and says, “Taxes!”, the Liberals claim they don’t need extra money, and the Tories claim they will cut programs to pay for their ideas. I have resolved to have a sign from every party on my crabgrass-infested front lawn by October 10th (at least for Nepean).

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