Canada Loonie

Time To Take Off The Kid Gloves?

CP | Julian Beltrame, The Canadian Press | Posted 07.06.2014 | Canada Business

OTTAWA - With the resurgent loonie spoiling the Bank of Canada's best laid plans, has the time come for governor Stephen Poloz to take off the kid glo...

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 ...

Neither Here Nor There

CP | Linda Nguyen, The Canadian Press | Posted 06.13.2014 | 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 05.28.2014 | 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...

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...

Forecast: 70-Cent Loonie Coming

The Huffington Post Canada | Posted 01.29.2014 | Canada Business

A California hedge fund manager who notoriously went all-in against the Canadian economy last year expects the loonie to fall to 70 cents. Vijai Mo...

Sunny Freeman

Loonie's Precipitous Drop Good For Business, Bad For You

HuffingtonPost.com | Sunny Freeman | Posted 01.25.2014 | Canada Business

Canadians can soon expect to pay a lot more for everyday items from t-shirts to toothpaste as the sinking loonie hits household goods prices hardest. ...

TSX Takes A Dive

CP | Posted 01.24.2014 | Canada Business

TORONTO — The Toronto stock market plunged over 200 points as emerging market worries persuaded investors to avoid riskier assets like equities and ...

Canada-U.S. Price Gap Fading FAST

The Huffington Post Canada | Daniel Tencer | Posted 01.24.2014 | Canada Business

The plunging loonie has all but eroded the U.S.’s price advantage on Canada, and cross-border shopping barely makes sense anymore, says Bank of Mont...

We Haven't Seen A Loonie This Low In Many Years

CP | The Canadian Press | Posted 03.25.2014 | Canada Business

TORONTO - The Canadian dollar pulled back further Thursday amid concerns about weakness in China's economy and recent comments from the Bank of Canad...

4 1/2-Year Low

CP | Posted 01.25.2014 | Canada Business

TORONTO -- The Canadian dollar fell Tuesday, a day before the Bank of Canada was set to make its latest announcement on interest rates. The loonie ...

Worst-Performing Currency

CP/Huffington Post Canada | Posted 01.25.2014 | Canada Business

The Canadian dollar was higher Thursday morning as the currency continued to stabilize following a series of sharp declines. The loonie was up 0.15 of...

Will This Free-Fall Ever Stop?

CP | Malcolm Morrison, The Canadian Press | Posted 03.11.2014 | Canada Business

TORONTO - The Canadian dollar closed sharply lower Thursday as traders took in readings showing a slowdown in the housing sector and looked to the rel...