Any ideas about why the Canadian $ is so low?

[Bigmack]

Apparently Canadian banks are much more solvent than US, and the Canadian budget is a lot healthier.

[Art_from_Ark]

1. It has a lot to do with the fall in commodity prices

Much of Canada's economy depends on the processing of resources-- lumber, minerals, farm products, and so on. Essentially the same thing has happened with the Australian dollar-- once the commodities started heading south, so did the Australian dollar.

[cgrrguyto]

2. Oil

Falling oil prices and low commodity prices generally. A large portion of our economy is still derived as "hewers of wood and drawers of water".

[pnwmom]

3. The world's economies are linked, and especially Canada and the U.S. n/t