Waiting on the 1-to-1 dollar.
Speculation, is not something to get into.
BUT if you happen to purchase your investments through bmoinvestorline.com notice that the commision fees for purchasing US Equities is in US FUNDS. ($25US instead of $25CDN) So you will be saving fees along with getting more for your dollar. This would be a really good time to cash in on the Vanguard Total Stock Market ETF which had a MER last year of %0.07, which puts iShares to shame! And if you don’t want your win on the exchange rate to be muted by a slowing US economy, buy up Vanguard’s World, Pacific, or European ETF’s all which offer MERs of half or less that of comparable iShares ETFs.
So doing the quick math (Less Commision + Less Managment Fees) * Greater Buying Power = A good idea?