Canada Loonie

Businesses Not Bothered By Lower Loonie

CP | Linda Nguyen, The Canadian Press | Posted 04.21.2014 | 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 03.20.2014 | 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 03.07.2014 | 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 02.26.2014 | 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...

Loonie's Free Fallin'

The Huffington Post Canada | Posted 01.25.2014 | Canada Business

The loonie continued its long slide Wednesday, hitting a fresh four-year low against the U.S. dollar. The Canadian dollar was trading at 92.58 cent...

Bets Against Canadian Dollar Near 'Extremes'

The Globe and Mail | Posted 01.23.2014 | Canada Business

Bets against the Canadian dollar are running exceptionally high, meaning gamblers could get caught with their pants down should the winds change....

Global Markets Bailing On Loonie

The Huffington Post Canada | Posted 01.25.2014 | Canada Business

Just weeks after investment bank Goldman Sachs advised clients to bet against the loonie, global currency traders appear to be doing just that. Bet...

Loonie Down Could Mean Prices Up

Financial Post | Posted 12.13.2013 | Canada Business

The declining value of the loonie has two of the country’s largest travel tour companies contemplating tacking on a “currency surcharge” on pack...

Stock Markets Go Boom

CP | Posted 01.25.2014 | Canada Business

TORONTO — North American stock markets closed sharply higher Friday as a stronger than expected U.S. employment report trumped worries that the Fede...