Canadian Dollar

Dollar Up, As Economy Rebounds Sharply

CP | Malcolm Morrison, The Canadian Press | Posted 08.29.2014 | Canada Business

TORONTO - The Canadian dollar was higher Friday as data showed the economy grew more than expected in the second quarter.The loonie was up 0.08 of a c...

Loonie Takes Flight

CP | Malcolm Morrison, The Canadian Press | Posted 08.28.2014 | Canada Business

TORONTO - The Canadian dollar closed slightly higher Thursday as Canada's current account deficit improved slightly in the second quarter.The loonie g...

How Canadian Companies Are Adding Emerging Markets To Their Export Strategy

Peter Hall | Posted 08.21.2014 | Canada Business
Peter Hall

The tech wreck, the thickening border with the U.S. and the soaring loonie in the mid-2000's turned the attention of Canada's exporters to fast-growing emerging markets. In a relatively short time span, our trade with this rapidly-rising part of the global economy has risen from less than 5 per cent to almost 13 per cent of our merchandise exports.

Are Exports Driving Our Economy?

Peter Hall | Posted 08.14.2014 | Canada
Peter Hall

OK, you're right -- this is really last week's news. But it is worth repeating. For a good many months now, economy watchers of many stripes have been...

Don't Believe Gloomy Headlines - The Global Economy Is Picking Up

Peter Hall | Posted 08.07.2014 | Canada Business
Peter Hall

We expect developing markets to re-emerge. They've gone quiet in the past couple of years, weary of waiting for the world's large economies to get going again. Their recent record has persuaded pundits to throw them into the 'new normal' soup.

Canada Should Catch This Economic Wave

Peter Hall | Posted 07.17.2014 | Canada Business
Peter Hall

Canada has huge potential and great planet-wide visibility as the global investment wave builds. In the time that it takes for the wave to crest, it will be important for companies, institutions and analysts to position ourselves to catch this one as best we possibly can.

BoC Probably 'Incredibly Uncomfortable' As Loonie Soars

CP/HuffPost Canada | Posted 07.02.2014 | Canada Business

The Canadian dollar reached its highest point in 2014 Wednesday morning, likely dismaying exporters and the Bank of Canada, who had been hoping for a ...

Royal Canadian Mint Creating Expensive New Collectors' Coin

CP | Dean Beeby, The Canadian Press | Posted 08.30.2014 | Canada Business

OTTAWA - Having dumped the lowly penny, the Royal Canadian Mint is planning to create two high-value coins that won't appear in any change handed out ...

How Canada's Growth is Leading to a Robust International Front

Peter Hall | Posted 08.20.2014 | Canada Business
Peter Hall

Exporters are less upbeat about domestic economic conditions. The balance of opinion for this indicator was the only one to fall, edging back marginally to 13 per cent. Paradoxically, they are more positive about domestic sales, where the balance of opinion rose 9 percentage points to 43 percent of those surveyed.

Neither Here Nor There

CP | Linda Nguyen, The Canadian Press | Posted 08.13.2014 | Canada Business

TORONTO - The Canadian dollar was essentially flat Friday, as the conflict in Iraq intensified and triggered fears that oil supplies from the Middle E...

This May Be The Scariest Chart Yet On Canada's Economy

The Huffington Post Canada | Daniel Tencer | Posted 06.05.2014 | Canada Business

StatsCan released a pretty unimpressive trade balance report on Wednesday, showing the country swinging to a $638-million trade deficit in April, from...

Currencies Are Another Casualty of Quantitative Easing's Final Act

Peter Hall | Posted 07.28.2014 | Canada Business
Peter Hall

Just over a year ago, markets went into a tailspin. At that time then-Fed Chairman Bernanke made what was supposed to be a benign announcement that gave new meaning to the word "taper." Currencies were thrust into the mayhem well ahead of the statement becoming action, as markets tried to anticipate the pricing effects of this new monetary regime. Tapering is now well underway; how are currencies weathering the storm?

Businesses Not Bothered By Lower Loonie

CP | Linda Nguyen, The Canadian Press | Posted 06.20.2014 | Canada Business

TORONTO - The fluctuating loonie may actually have little impact on most Canadian businesses, suggests a new survey by the Bank of Montreal (TSX:BMO)....

Speculators Make Killing Off Falling Loonie

The Globe and Mail | Posted 04.11.2014 | Canada Business

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Here's What The Falling Loonie Will Do To Gas Prices

The Huffington Post Canada | Posted 03.26.2014 | Canada Business

Canada’s falling loonie is good news for exporters but bad news for consumers, who face higher prices as the dollar loses its spending power on glob...

Quebec Could Turn Into Greece If It Kept Loonie: Report

The Huffington Post Canada | Daniel Tencer | Posted 03.20.2014 | Canada Business

Parti Quebecois leader Pauline Marois recently suggested that an independent Quebec would keep the Canadian dollar, and would try to keep a seat on th...

Tumbling Loonie Isn't Going To Help You: Report

CP | Julian Beltrame, The Canadian Press | Posted 05.20.2014 | Canada Business

OTTAWA - The weak loonie will almost certainly do more harm than good to the Canadian economy, argues a paper from a respected former Statistics Canad...

Lowest Loonie In 5 Years

CP | Posted 03.20.2014 | Canada Business

TORONTO - The Canadian dollar continued to fall Thursday as the U.S. currency appreciated after the U.S. Federal Reserve suggested interest rates coul...

Free Fallin'

CP | Malcolm Morrison, The Canadian Press | Posted 05.07.2014 | Canada Business

TORONTO - The Canadian dollar closed sharply lower Friday amid a big miss in expectations for Canadian job creation last month.The loonie fell 0.81 of...

Falling Loonie Sinks Canadians' Spring Break Plans

The Huffington Post Canada | Posted 03.03.2014 | Canada Business

More than 40 per cent of Canadians say they are less likely to travel this spring thanks to the falling loonie, a new study from BMO Insurance says. ...

Lower Loonie Probably Won't Stop Snowbirds From Chasing Sun

CBC | Posted 04.26.2014 | Canada Business

​The decline of the Canadian dollar is going to convince a lot of would-be cross-border shoppers to stay home, but travellers who go south to chase ...

Below 90 Cents

CP | Malcolm Morrison, The Canadian Press | Posted 04.23.2014 | Canada Business

TORONTO - The Canadian dollar closed lower Friday amid data showing a bigger than expected drop in December retail sales and tame inflation.The loonie...

Canadian Trade: Pros and Cons for 2014

Peter Hall | Posted 04.20.2014 | Canada Business
Peter Hall

When international trade collapsed in 2009, the Canadian economy turned inward, and for a change, discovered a steady source of growth. That source is now tapped out, and economy-watchers have for some time turned their eyes back to trade. So far, the view has been uninspiring. Will Canadian trade carry growth forward, or is our hopeful gaze in for a big disappointment?

Worst Start To The Year In 40 Years

Bloomberg/Financial Post | Posted 02.18.2014 | Canada Business

Traders are betting the Canadian dollar fell too far, too fast in its worst start to a year in more than four decades, as rising commodities prices an...

Economy Grows For 5th Straight Month

CP | Malcolm Morrison, The Canadian Press | Posted 04.02.2014 | Canada Business

OTTAWA — The economy grew by 0.2 per cent month over month in November, boosted by the resource sector and marking the fifth straight monthly increa...