If the Canadian $ goes to 85 cents, there will be advantages and disadvantages.  The biggest disadvantage will be Canadians who live near the border will go on a spending spree in the USA. Canadians who make $10 000 to $20 000 more than people in the USA for doing the same job, ie teachers, firemen, policemen and public servants will cross the border to buy America goods and services.  I know - I have friends and relatives who do this when the Canadian $ is high.  Am I a moron?