Currency

AP

Should Canadians Be Worried About the Weak Loonie?

A weaker Canadian dollar poses a threat to imported inputs to Canada's production machine, and to future Canadian investments abroad. But the soaring U.S. dollar isn't the only currency in play. Movements in other currencies are less dramatic. Perhaps this is an opportunity to scan the globe both for inputs to our production process and for direct investment undertakings in less-traditional markets.
CP

Loonie Takes Flight

TORONTO - The Canadian dollar closed slightly higher Thursday as Canada's current account deficit improved slightly in the second quarter.The loonie gained 0.07 of a cent to 92.19 cents US as Statisti...
CP

Say Hello To These

LONGUEUIL, Que. - The last of Canada's polymer bills were put into circulation by the Bank of Canada on Thursday, with the transition to the plastic cash set to take about two years.The $5 and $10 not...
Getty

Next Time, OK?

OTTAWA - Bank of Canada governor Stephen Poloz says he is "absolutely open" to the idea of putting an identifiable woman back on Canada's currency, but that will have to wait until the next roll-out o...
HuffPost

Canada's Banks Used to Be Strong and Free

Canada's banks stayed afloat during the Great Recession without a real need for the taxpayer's life jacket, whereas American banks either sank or needed the taxpayer's life boat. But what is less known about our financial system is that its merits go beyond its resolve over the last decade.

So Long Carney, Canada Will Miss You

Governor of the Bank of Canada Mark Carney has been selected as the next Governor of the Bank of England, a bold move by one of the world's oldest central banks. His term at the head of the Bank of Canada was due to end in 2015, and so the move is surprising for many Canadians.
CP

Canada's Fantastic Plastic Cash

QUEBEC - The new Canadian $50 bill unveiled Monday contains a few changes in addition to the state-of-the-art plastic material introduced as part of Canada's ongoing currency overhaul.Gone from the ne...
CP

Loonie Edges Higher, Greenback Slides

TORONTO - The Canadian dollar closed higher Friday as the greenback weakened somewhat following a report that the Italian government is taking more measures to calm financial markets. The loonie was a...