Canadian Dollar

Oil Crashes Below $30, Drags TSX Down With It

CP | The Canadian Press | Posted 02.08.2016 | Canada Business

TORONTO — The Toronto stock market closed down sharply on Monday, pulled down by weakness in energy and financial stocks, as oil again fell below th...

Lower Loonie Will Mean Pricier Smartphones: Bell

CP | Aleksandra Sagan, The Canadian Press | Posted 02.04.2016 | Canada Business

Loonie's weakness "does probably foreshadow some price increases from our manufacturers at some point."

Low Loonie Makes Canadian Companies Easy Prey

CP | Aleksandra Sagan, The Canadian Press | Posted 02.04.2016 | Canada Business

A low loonie also makes it harder for Canadian companies to invest abroad.

WestJet Hit Hard By Loonie's Decline

CP | Posted 02.02.2016 | Canada Business

WestJet lost $10.1 million on foreign exchange fluctuations.

The Falling Loonie: Who's Winning and Who's Losing

Natasha Koifman | Posted 02.02.2016 | Canada Business
Natasha Koifman

Here is a non-economist's attempt to explain the reasons behind the current value of the loonie. If nothing else, this article will help to make it easy for people to digest and understand why we are here... and perhaps even bring to light some of the benefits of our dollar being so low.

Loonie Tumbles After Japan Drops Key Interest Rate Below Zero

CP | The Canadian Press | Posted 01.29.2016 | Canada Business

Negative interest rates are a sign of downward price pressure.

Will A Low Loonie Prompt Anti-Canadian Protectionism?

CP | Ross Marowits, The Canadian Press | Posted 01.29.2016 | Canada Business

Cheaper Canadian lumber will be seen as "unfair."

4 Canadian Weekend Getaways That Will Kill The Winter Blues

Flight Network | Posted 01.26.2016 | Canada Travel
Flight Network

Making it through the long winter season in good spirits isn't always easy. However, you don't have to let the cold weather and frequent snowfall get the best of you this year. Make the most of winter, and help the season fly by faster, with these four Canadian weekend getaways that are guaranteed to kill the winter blues.

How To Save Money When Converting Your Loonies

CBC | CBC News | Posted 02.01.2016 | Canada Business

As a general rule, you will get the worst rates at currency booths in airports and train stations.

Low Dollar Enticing Americans And Others To Visit Canada

CP | Giuseppe Valiante, The Canadian Press | Posted 01.25.2016 | Canada Business

Dragged down by cheap oil and an international slump in commodity prices, the dollar is trading at around 70 cents against the greenback and enticing Americans to travel north of the border.

It's A Bounceback!

CP | The Canadian Press | Posted 01.23.2016 | Canada Business

TORONTO — Strengthening oil prices boosted North American markets Friday as investors mulled the possibility of monetary stimulus in Europe and Asia...

The World Needs To Stop Blaming China For Financial Market Woes

Darren Sissons | Posted 01.22.2016 | Canada Business
Darren Sissons

China may be inheriting all of the blame for the global market meltdown, but it is just one piece of the puzzle that investors and policymakers alike are trying to figure out in terms of the broader direction of the global economy. Last year, it was Greece's financial woes to blame; now it is China.

How A Low Loonie Could Make Canada An Innovation Economy

CP | Peter Henderson, The Canadian Press | Posted 01.20.2016 | Canada Business

It's cheap to invest in Canada these days.

Suddenly, Canadian Vacation Properties Look Cheap To Americans

CP | Bill Graveland, The Canadian Press | Posted 01.20.2016 | Canada Business

Canada's soaring house prices suddenly look cheap to Americans.

5 Ways A Falling Loonie, Low Oil Prices Will Hit The Federal Budget

CP | Andy Blatchford, The Canadian Press | Posted 01.19.2016 | Canada Business

May be able to borrow money at lower rates.

Sobey's: No Relief Just Yet On High Grocery Prices

CP | Ross Marowits, The Canadian Press | Posted 01.18.2016 | Canada Business

Falling loonie, drought in California will keep prices high.

Bank Of Canada Rate Cut Risks 'Consumer Shock,' Economists Warn

The Huffington Post Canada | Daniel Tencer | Posted 01.18.2016 | Canada Business

Neither a rate cut nor a rate hike are likely to give the BoC the results it's looking for.

Down, Down, Down..

CP | The Canadian Press | Posted 01.15.2016 | Canada Business

The Dow Jones just had its worst start to the year ever.

Here's The Bright Side To Our Dollar Dilemma

Emily Anonuevo | Posted 01.16.2016 | Canada Business

There are reasons to love our low loonie.

Loonie Falls Below 69 Cents In Longest Losing Streak Ever

CP | The Canadian Press | Posted 01.15.2016 | Canada Business

The loonie had fallen for 10 straight days as of Thursday.

Falling Loonie Forces Job Cuts At Reitmans

CP | The Canadian Press | Posted 01.18.2016 | Canada Business

MONTREAL — Reitmans Canada Ltd. says it will eliminate 77 positions — about 10 per cent of it head office employees — to reduce costs. The fash...

The Places That Will Wow Canadians And Their Wallets In 2016

Travelzoo Canada | Posted 02.01.2016 | Canada Travel
Travelzoo Canada

The declining loonie has hit Canadian travellers hard but that doesn't mean you have to put your vacation plans on hold. Travelzoo has released its annual list of Wow Deal Destinations for Canadians, showcasing where you can get the best bang for your buck in 2016.

Loonie To Fall To All-Time Low Of 59 Cents: Analyst

The Huffington Post Canada | Daniel Tencer | Posted 01.15.2016 | Canada Business

A Canadian dollar that's worth little more than half a U.S. dollar was unthinkable just months ago.

Loonie Drops Below 70 Cents U.S. For First Time In 13 Years

CP | The Canadian Press | Posted 01.12.2016 | Canada Business

A year ago, it was at 83.6 cents U.S.

With Loonie Flying Low, Can You Still Afford To Be A Snowbird?

CBC | Posted 01.12.2016 | Canada Business

Some tips to make travelling south more affordable.