Canadian Dollar

A Weak Loonie Doesn't Have To Kill Your Winter Vacation

CP | Craig Wong, The Canadian Press | Posted 11.11.2015 | Canada Business

OTTAWA -- A weaker loonie means the price for Canadians to escape the snow and ice for the warmth of the sun this winter is going to be more costly th...

Loonie Will Fall For Another Year, Scotiabank Predicts

The Huffington Post Canada | Daniel Tencer | Posted 11.04.2015 | Canada Business

If you’re planning a major purchase in the U.S. or a vacation abroad, you may want to buy now rather than later. Scotiabank predicts the Canadian do...

Growth On Horizon As Canada Enters Era Of Deficit Spending

Darren Sissons | Posted 11.04.2015 | Canada Politics
Darren Sissons

Spending one's way to growth is nothing new. What is new, and what is a first for almost any developed country is that Canada will be using both monetary and fiscal policy as a way to get the economy growing again at the expense of a balanced budget. For the economy as a whole, it is unequivocally good news.

TSX End Week With A Nosedive

CP | The Canadian Press | Posted 10.30.2015 | Canada Business

TORONTO — The Toronto stock market finished its last trading day of the month with a major loss amid a widespread decline in the heavily weighted fi...

Alberta Economy Will See Mild Recession, Says ATB

CP | Ian Bickis/The Canadian Press | Posted 10.01.2015 | Canada Alberta

ATB is no longer predicting Alberta will avoid a recession this year.

Canadian Retail Prices Jump Most In Decade, And Worst Yet To Come

The Huffington Post Canada | Daniel Tencer | Posted 09.29.2015 | Canada Business

Retail prices are rising at their fastest rate in at least a decade and there will be more price pressure ahead thanks to a falling loonie, analysts s...

Loonie Hits 11-Year Low

CP | The Canadian Press | Posted 09.24.2015 | Canada Business

TORONTO -- The Canadian dollar was trading near an 11-year low Thursday morning as Toronto and U.S. stock markets declined. Loonie was down 0.16 of...

TSX Dives After $20 Oil Prediction

CP | Brian McKenna, The Canadian Press | Posted 09.11.2015 | Canada Business

TORONTO - The Toronto Stock Exchange finished the trading week with a triple-digit loss in the wake of a pessimistic report from Goldman Sachs that sa...

Canada's 'Technical Recession' Will Be Short-Lived, Economists Say

CP | The Canadian Press | Posted 08.31.2015 | Canada Business

Economists say data out this week is likely to show that Canada slipped into a technical recession in the second quarter, but the contraction should be short-lived.

TSX Closes Stronger, But No Guarantee Volatility Is Over

CP | Brian McKenna, The Canadian Press | Posted 08.26.2015 | Canada Business

The Toronto Stock Exchange was solidly higher Wednesday.

Bounceback: Toronto, U.S. Markets Soar At Open

CP | Posted 08.25.2015 | Canada Business

TORONTO — The Toronto Stock Exchange's main index was showing a triple-digit gain in early trading Tuesday as markets around the world rebounded fro...

China's Crash An Opportunity To 'Reset' Canada's Commodity Economy

CBC | Posted 08.25.2015 | Canada Business

China's staggering economic growth has been, in many ways, a boon for Canada.   Put simply, China need lots of the things we have to offer like wo...

Loonie Hits 11-Year Low As China Crashes, Oil Slides

The Huffington Post Canada | Daniel Tencer | Posted 08.24.2015 | Canada Business

The Canadian dollar hit an 11-year low Monday as oil prices fell more than 6 per cent and global markets tanked in the wake of China’s stock rout. ...

Dow, TSX In Massive Selloff After China's 'Black Monday'

CP/HuffPost Canada | Posted 08.24.2015 | Canada Business

TORONTO — The Dow Jones Industrial Average plunged 1,000 points and the Toronto Stock Exchange fell by more than 750 points points at market open on...

Oil Prices Crash, Loonie Tumbles After China's Shock Currency Move

CP | Brian McKenna, The Canadian Press | Posted 08.11.2015 | Canada Business

TORONTO — A surprise move by China to devaluate its currency sent North American markets into a tailspin Tuesday, with both Toronto and New York rec...

Why The Loonie's Decline Could Mean A ‘Landslide' Against Harper

The Huffington Post Canada | Daniel Tencer | Posted 08.10.2015 | Canada Business

The Canadian dollar has been trading near 11-year lows of around 76 or 77 cents U.S. over the past couple weeks, and while that may seem to be a margi...

Canadian Dollar Near 11-Year Low

CP | The Canadian Press | Posted 08.04.2015 | Canada Business

The loonie traded at 76.23 cents US, down 0.22 cent of a U.S. cent from Friday's close.

5 Tips to Stretch Your Dollar This Summer

Sandra Hanna | Posted 07.28.2015 | Canada Living
Sandra Hanna

With the unlucky loonie continuing to drop, Canadians are pinching their pennies and watching their savings. According to a recent survey from digital offers site, 73 per cent of Canadians are worried about the nation's economy. However, a little savvy spending will help to satisfy needs and wants.

Lowest Point In More Than A Decade

CP | The Canadian Press | Posted 07.23.2015 | Canada Business

TORONTO — The Canadian dollar dropped to levels not seen in more than a decade as the price of oil and gold both came under pressure.The loonie was ...

Lower Loonie Great For Visitors

CBC | Posted 07.18.2015 | Canada Business

Visitors to Canada this summer are enjoying more than just the Pan Am Games in Toronto, other urban hotspots or the natural beauty of the country. Man...

Lower Loonie Squeezes Professional Canadian Sports Teams

CP | CP | Posted 07.17.2015 | Canada Business

TORONTO — Professional sports teams in Canada are facing the prospect of being priced out of the competition as the Canadian dollar flirts with valu...

Dollar Drops Below 77 Cents US

CP | Alexandra Posadzki, The Canadian Press | Posted 07.17.2015 | Canada Business

TORONTO - The Toronto Stock Exchange closed lower while the tech-heavy Nasdaq index finished the day at an all-time high Friday after blockbuster resu...

Loonie Plunges To 6-Year Low

CP | Peter Henderson, The Canadian Press | Posted 07.15.2015 | Canada Business

TORONTO - The Canadian dollar fell to its lowest level in more than six years on Wednesday after the Bank of Canada cut its key interest rate and lowe...

4 Canadian Hidden Gems You Should Visit This Summer | Posted 05.28.2015 | Canada Travel

The falling dollar will encourage a lot of Canadians to travel in their own country this summer. Big-name destinations like the Rocky Mountains and Niagara Falls get a lot of attention from visitors to Canada, but there are plenty of other less iconic spots in the country that deserve more love.

Loonie Plunges 2 Cents

CP | The Canadian Press | Posted 05.19.2015 | Canada Business

TORONTO - North American markets were mixed Tuesday while the Canadian dollar was sharply lower amid a slide in commodity prices. The loonie, which...