Just as recently as 4 years ago the Canadian Dollar was also known as the Canadian Peso; trading as low as 62 cents US. In the past year it's been on a tear rising to 98.5 cents US. Of course the downside is any manufacturer exporting from Canada is taking big hits in their profits and many have been forced to layoff workers. Where I work (in Canada) they estimate we lose $200,000 in profit every time our dollar goes up a single penny.... and they told us that about a year ago when it was around 75 cents US....
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Published 'Today' (September 20, 2007)
"24 Hours" (page 6)
http://toronto.24hrs.ca/pdf/cover.pdf
circulation: 354,000
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