It’s time to get in on the difference between the US dollar and Canadian dollar. The Canadian dollar was trading at parity this summer, which is extremely high for the Canadian dollar, but it has been in a free fall.

Here’s a clue; the Canadian dollar is highly linked to oil, since Canada has the 2nd largest oil reserves in the world. That may not mean much for you, but while oil is falling, the Canadian dollar will fall. Conversely, if you see a sharp rise is the price of oil, you’re going to see the Canadian dollar move back up again and it will be a strong move.

But it looks like with the world economies slowing and the price of oil literally crashing, even after OPEC cuts production by 1.5 million barrels a day. There is going to be a considerable growth between US dollars and Canadian dollars. The good news is that it is going to be extremely profitable to those that take advantage of it now.

USD/CAD = 1.27

Just a few years ago, the USD/CAD = 1.43. It could fall as low as that and you have some opportunities to take advantage of that if you want too.