Loonie Currency

Everyone here in Canada is going 'loonie' because for the first time since 1976 the Canadian Dollar is equal in value to that of the American dollar.

I don't have a economics background so I know little and have a limited understanding of how the par value of currencies work.

Living here in Canada; not working in the export market where the high loonie is bad for business; to me it means that the idea of going shopping in the US on the weekend has never looked like such an attractive proposition as it does now.