Saturday, June 25, 2016

BREXIT update

Yes believe it or not the U.K. voted yesterday to leave the EU.

If you're wondering this has no impact on us.... Besides being disappointed.

1. We have a residency permit in the U.K.  till January, so we're fine there.
2. Our trips to the EU are on our Canadian passport, and Canada has a visa free tourist agreement with the EU.
3. We won't have any money left to convert back to Canadian dollars at the end of the year.

So other than the crappy situation that I paid my tuition when the exchange rate was 2.06:1 (CAD:GBP), and it's now somewhere near 1.7, it's sadly little news for us.

Many friends we know are shell shocked by what happened as we all wait to find out how far the bottom of this really is.

Be wary of the bed you make.


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