How do you not understand the advantage? It isn't rocket scince. It could be any asset really. A Canadian owning teal estate anywhere that sells in US dollars, benefits after the US dollar climbs and then sells his or her investment and brings the money back to Canada. Just like it would be a hit if the Canadian dollar was way higher than the American dollar. The only small thing it affects, is not getting the same pesos for the loonie as a yank buck. Also, if not flying direct, the Canuck will have to pay 27 % more for his meal at the US airport. Small issues compared to a home sale. Naievity has nothing to do wih it.
I will not be buying more cars, boats, or atv's from the states like I have in the past because it makes no sense to now.