Canadian Dollar


CBC | Posted 12.11.2014 | Canada Business

The Canadian dollar plunged to 86 cents today in the wake of turmoil in oil and stock markets. The loonie was trading at a 5½-year low of 86.69 ce...

Toronto Stock Exchange, Loonie Plunge Amid Oil Price Collapse

The Huffington Post Canada | Daniel Tencer | Posted 11.29.2014 | Canada Business

Oil prices will shave $15 billion to $20 billion from Canada’s economy annually if they stay at current, lower levels, the Bank of Montreal says. ...

Further To Fall...

CP | Ross Marowits, The Canadian Press | Posted 11.20.2014 | Canada Business

MONTREAL - Canadian investors who have yet to diversify into the U.S. market still have time, according to investment specialists who predict a furthe...

TSX, Loonie Slide As Oil Prices Hit 4-Year Low

CP | By Malcolm Morrison, The Canadian Press | Posted 11.13.2014 | Canada Business

TORONTO — Energy stocks helped push the Toronto stock market lower Thursday as concerns about oversupply pushed crude oil prices below US$75 a barre...

How The Loonie Saved Canadian Oil

CBC | Posted 11.11.2014 | Canada Business

Amid a global crude slowdown pushing oil prices to multi-year lows, Canadian oil companies are faring better than their overseas counterparts, TD Bank...

Loonie Hits 5-Year Low

HuffPost Canada/CP | Malcolm Morrison, The Canadian Press | Posted 11.04.2014 | Canada Business

The Canadian dollar hit a five-year low around 88 cents U.S. Monday night, and fell further Tuesday morning as oil prices faltered and currency invest...

Why Things Are Looking Good For Canadian Export Growth

Peter Hall | Posted 11.03.2014 | Canada Business
Peter Hall

Tightening U.S. monetary policy suggests that the Canadian dollar will remain weak. And in spite of competitiveness concerns, exports are rising enough this year to suggest 10 per cent growth, and an added 6 per cent in 2015. This in turn will spur business investment, lifting Canadian GDP growth to 2.8 per cent in 2015.

Playing Ball With China

Peter Hall | Posted 10.24.2014 | Canada Business
Peter Hall

If you build it, he will come. In this case, "it" is not a baseball diamond, but a renminbi (RMB) hub, and "he" is not Shoeless Joe Jackson, but rather a business community eager to trade and invest in RMB. So far, the "build-it first" approach has paid dividends for Hong Kong, London, Taipei, and Singapore. Frankfurt, Luxembourg, Seoul, and a host of other jurisdictions are also showing initial promise after recently signing hub agreements. But will this approach work for Canada?

Loonie Hits 5-Year Low

CP | Malcolm Morrison, The Canadian Press | Posted 12.15.2014 | Canada Business

TORONTO - The Canadian dollar closed higher Wednesday as the greenback fell back a little on worse than expected U.S. retail sales.The loonie rose 0.3...

Low Dollar Could Hurt High-Flying Albertans

CBC | Posted 12.04.2014 | Canada Alberta

The low Canadian dollar is good news for the energy industry but it could make it more expensive to live in Alberta. On Friday, the loonie hit a si...

Loonie Hits 6-Month Low

CP | Malcolm Morrison, The Canadian Press | Posted 11.29.2014 | Canada Business

TORONTO - The Canadian dollar was at its lowest level since March on Monday morning, while the greenback strengthened on speculation about when the U....

Loonie, TSX, Apple Stock In Free Fall

CP | Linda Nguyen, The Canadian Press | Posted 11.25.2014 | Canada Business

TORONTO — North American markets delivered a "dose of reality'' to investors Thursday, as it pulled back sharply, led by declines in metals and fina...

Loonie Headed Below 85 Cents: CIBC

The Huffington Post Canada | Posted 09.23.2014 | Canada Business

The loonie will continue its long, slow slide from parity with the U.S. dollar and will fall below 85 cents U.S. in the third quarter of next year, CI...

Dollar Up, As Economy Rebounds Sharply

CP | Malcolm Morrison, The Canadian Press | Posted 10.29.2014 | 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 10.28.2014 | 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 10.21.2014 | 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 10.14.2014 | 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 10.07.2014 | 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 09.16.2014 | 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?