Canadian Dollar Surges 60 Per Cent to Parity with Greenback: What Does it Mean?



    
                          - Interview Opportunity -
    

    TORONTO, Sept. 20 /CNW/ - Today, the U.S. and Canadian dollars achieved
parity for the first time since November of 1976.

    WHAT: With the Canadian dollar surging 60 per cent against the U.S.
dollar over the past five years, there are important economic implications on
both sides of the border.

    WHO: Doug Porter, Deputy Chief Economist, BMO Capital Markets is
available to comment on the wider economic situation that has led to dollar
parity and the remaining differences in the prices of goods in the two
countries.




For further information:

For further information: To arrange an interview, please contact Peter
Scott, PeterE.Scott@bmo.com, (416) 867-3996

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BMO CAPITAL MARKETS

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