The company I work at here in Canada is an exporter of software. Now, the biggest market we sell into is the USA. With the Canadian dollar reaching parity with the US Dollar we have a real conundrum on our hands. See the value of the two currencies here.

For 30 years exporters like our company have been charging in US funds to cover the costs of production and make some capital on the exchange rates. Basically it is part of the business model. Now with Canada being the only G7 country to get a handle on its debt as the US dollar falls into oblivion we have to ask ourselves, do we start charging in Canadian or Euro? Will US based customers accept paying in a foreign currency?

Time will tell.