Lots of perks when you live in a home in Houlton Maine, are at a border crossing for New Brunswick Canada.
To take advantage of the healthy US dollar exchange rate with the loonies, toonies and the other Canadian currency swap for goods or services.
At the time of the blog post, the exchange rate for a Canadian dollar in the US is .71.
I remember buying a Seadoo in Canada when the currency exchange rate was closer to .60 cents on the US dollar.
They did not sell them in my hometown so heading elsewhere I can still sleep nights wearing my Chamber of Commerce hat on straight. For sneaking out of town to reel in a bargain.
The steady decline of the two US and Canada "dollars" due to low fossil fuel barrel costs and how big a part energy prices play on the economic climate in the land of the red maple leaf. I am about as close as you can get to Atlantic Canada, the St John, the Atlantic Ocean whether the US or Canadian side of the international boundary line.
The downside of a lower value on what Canadian shop with on this side of the border is it hurts Maine merchants. Who rely on the cross border trade traffic big time.
No matter what color or kind of currency for the cash and carry. Thank you very much. Come again please.
Feast or famine like Maine farming.
Where a good year is one you break even, or where someone else had a disaster, crop failure far far away. With bad luck and poor weather messing up the simple farmstead way of life.
But the set back elsewhere. It creates the opportunity to send your produce, farm product to wherever the down and out farmer used to send his agriculatural wares.