Canadian dollar is now skyrocketing, especially to Japanese yen. It has accelerated since I came back to Tokyo. Fortunately or unfortunately, my decision to leave Vancouver was right; if I stayed there I would have wasted my money a lot. For example, the gas price in Vancouver was 70 cents per liter and the exchange rate was 70 yen for 1 Canadian dollar four years ago. It is now 1.20 dollars per liter and 116 yen for 1 Canadian dollar. It means that the gas price has increased almost 2.5 times just in four years. Most other things are in the similar conditions; everything is expensive and Vancouver is not an easy-to-live city any more. The Olympic Games in 2010 is one of the reason, but I think the bigger reason is on the Japan side. Although the Japanese government says that our economy is in good conditions, the interest rate cannot be raised because the economy is not so good in fact. Toyota has recorded the biggest sale, but it is a trick based on the extremely low exchange rate. Japanese yen is now too much underestimated and we will be facing a terrible backlash someday soon.
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