Canada Loonie

Lower Loonie Will Mean Pricier Smartphones: Bell

CP | Aleksandra Sagan, The Canadian Press | Posted 02.04.2016 | Canada Business

Loonie's weakness "does probably foreshadow some price increases from our manufacturers at some point."

Low Loonie Makes Canadian Companies Easy Prey

CP | Aleksandra Sagan, The Canadian Press | Posted 02.04.2016 | Canada Business

A low loonie also makes it harder for Canadian companies to invest abroad.

WestJet Hit Hard By Loonie's Decline

CP | Posted 02.02.2016 | Canada Business

WestJet lost $10.1 million on foreign exchange fluctuations.

The Falling Loonie: Who's Winning and Who's Losing

Natasha Koifman | Posted 02.02.2016 | Canada Business
Natasha Koifman

Here is a non-economist's attempt to explain the reasons behind the current value of the loonie. If nothing else, this article will help to make it easy for people to digest and understand why we are here... and perhaps even bring to light some of the benefits of our dollar being so low.

Loonie Tumbles After Japan Drops Key Interest Rate Below Zero

CP | The Canadian Press | Posted 01.29.2016 | Canada Business

Negative interest rates are a sign of downward price pressure.

Will A Low Loonie Prompt Anti-Canadian Protectionism?

CP | Ross Marowits, The Canadian Press | Posted 01.29.2016 | Canada Business

Cheaper Canadian lumber will be seen as "unfair."

How To Save Money When Converting Your Loonies

CBC | CBC News | Posted 02.01.2016 | Canada Business

As a general rule, you will get the worst rates at currency booths in airports and train stations.

It's A Bounceback!

CP | The Canadian Press | Posted 01.23.2016 | Canada Business

TORONTO — Strengthening oil prices boosted North American markets Friday as investors mulled the possibility of monetary stimulus in Europe and Asia...

4 Factors That Will Determine Canada's Real Estate Market In 2016

The RentSeeker.ca Team | Posted 01.22.2016 | Canada Business
The RentSeeker.ca Team

The Loonie is the lowest it has been in 15 years, a barrel of gas is trading for less than $30 -- compare these factors against the rising U.S. greenback and you get one gloomy economic forecast. However, there is one section of our economy that seems to be unaffected, as real estate is showing little signs of slowing down.

How A Low Loonie Could Make Canada An Innovation Economy

CP | Peter Henderson, The Canadian Press | Posted 01.20.2016 | Canada Business

It's cheap to invest in Canada these days.

Suddenly, Canadian Vacation Properties Look Cheap To Americans

CP | Bill Graveland, The Canadian Press | Posted 01.20.2016 | Canada Business

Canada's soaring house prices suddenly look cheap to Americans.

Sobey's: No Relief Just Yet On High Grocery Prices

CP | Ross Marowits, The Canadian Press | Posted 01.18.2016 | Canada Business

Falling loonie, drought in California will keep prices high.

Bank Of Canada Rate Cut Risks 'Consumer Shock,' Economists Warn

The Huffington Post Canada | Daniel Tencer | Posted 01.18.2016 | Canada Business

Neither a rate cut nor a rate hike are likely to give the BoC the results it's looking for.

Down, Down, Down..

CP | The Canadian Press | Posted 01.15.2016 | Canada Business

The Dow Jones just had its worst start to the year ever.

Here's The Bright Side To Our Dollar Dilemma

Emily Anonuevo | Posted 01.16.2016 | Canada Business

There are reasons to love our low loonie.

Loonie Falls Below 69 Cents In Longest Losing Streak Ever

CP | The Canadian Press | Posted 01.15.2016 | Canada Business

The loonie had fallen for 10 straight days as of Thursday.

Falling Loonie Forces Job Cuts At Reitmans

CP | The Canadian Press | Posted 01.18.2016 | Canada Business

MONTREAL — Reitmans Canada Ltd. says it will eliminate 77 positions — about 10 per cent of it head office employees — to reduce costs. The fash...

Bring The House Back Early And Give Canada Answers

Keith Beardsley | Posted 01.14.2016 | Canada Politics
Keith Beardsley

How many times did we hear the media complain that the Conservatives used talk points all the time, often reading them from prepared scripts? We are now starting to see the Liberals doing the same thing. When asked about the need to get our downward spiraling economy moving, Trudeau's stock answer was, "We are going to do this right. We are going to do this responsibly." The only thing lacking was a piece of paper while he read the answer. For the party that promised to do things differently, it is much of the same. We haven't seen anything concrete to address the sinking dollar or get the economy moving.

The Places That Will Wow Canadians And Their Wallets In 2016

Travelzoo Canada | Posted 02.01.2016 | Canada Travel
Travelzoo Canada

The declining loonie has hit Canadian travellers hard but that doesn't mean you have to put your vacation plans on hold. Travelzoo has released its annual list of Wow Deal Destinations for Canadians, showcasing where you can get the best bang for your buck in 2016.

Loonie To Fall To All-Time Low Of 59 Cents: Analyst

The Huffington Post Canada | Daniel Tencer | Posted 01.15.2016 | Canada Business

A Canadian dollar that's worth little more than half a U.S. dollar was unthinkable just months ago.

Liberals Will Grow Economy Despite Falling Loonie, Oil: Morneau

CP | Ross Marowits, The Canadian Press | Posted 01.12.2016 | Canada Politics

"We'll watch every indicator."

Loonie Drops Below 70 Cents U.S. For First Time In 13 Years

CP | The Canadian Press | Posted 01.12.2016 | Canada Business

A year ago, it was at 83.6 cents U.S.

With Loonie Flying Low, Can You Still Afford To Be A Snowbird?

CBC | Posted 01.12.2016 | Canada Business

Some tips to make travelling south more affordable.

Loonie's Slide Means Higher Fruit, Veg Prices Ahead

CP | Aleksandra Sagan, The Canadian Press | Posted 01.12.2016 | Canada Business

"It really boils down to the dollar."

Loonie Flirts With 70 Cents U.S. As TSX Falls For 9th Day

CP | The Canadian Press | Posted 01.11.2016 | Canada Business

TORONTO — The rapidly falling price of oil dragged down Toronto's stock market on Monday amid lingering worries for the country's economic outlook t...