Canadian Dollar Parity

Is the Loonie Really Losing it?

Peter Hall | Posted 04.23.2013 | Canada Business
Peter Hall

Stable is not a word that can be used to describe much in today's economy. A notable exception is the Canadian dollar. The loonie has soared in a reasonably tight range around parity with the U.S. dollar for 3 years now. Although exporters would prefer a lower level, the stability has made activity and cash flows somewhat more predictable. Now, the loonie is losing some loft; what's happening?

Loonie Drops Below Parity

Posted 05.09.2012 | Canada Business

TORONTO -- The Canadian dollar was below parity with the U.S. currency Wednesday morning as turmoil in Greece persuaded traders to avoid riskier asset...

We're Back! How U.S. Rates Boosted The Loonie

CP | Malcolm Morrison, The Canadian Press | Posted 03.27.2012 | Canada Business

TORONTO - The Canadian dollar could be headed for its first close above parity with the U.S. dollar since late October as the currency found lift in t...

And.... It's Back On Top

CP | Malcolm Morrison, The Canadian Press | Posted 12.27.2011 | Canada Business

TORONTO - The Canadian dollar surged well over a full US cent to close above parity with the U.S. dollar Thursday after European leaders came up with ...