Canada Loonie

Loonie Hits 80 Cents, But Not For Long

CP | The Canadian Press | Posted 04.29.2016 | Canada Business

Fast ride back up for a currency worth 69 cents a few months ago.

Rebound Won't Last As Loonie Still Headed For 59 Cents: Analyst

The Huffington Post Canada | Daniel Tencer | Posted 04.21.2016 | Canada Business

"Where's the growth going to come from?"

Loonie A 'Main Victim' After Global Oil Talks Collapse

CP | The Canadian Press | Posted 04.19.2016 | Canada Business

Iran and Saudi Arabia essentially walked away from the table.

$30 Oil Better Than $40 Oil In Canada's 'Twilight Zone' Economy

The Huffington Post Canada | Daniel Tencer | Posted 04.15.2016 | Canada Business

We'd be better of with lower oil prices and a lower loonie, CIBC says.

Rebound! Loonie Hits Highest Point This Year As Oil Rises

CP | The Canadian Press | Posted 04.12.2016 | Canada Business

TORONTO — The trading week started Monday with a bang, as the Canadian dollar soared to its highest level in half a year on the back of rising crude...

Falling Loonie Is Boosting Canadian Businesses, BoC Says

CP | The Canadian Press | Posted 04.01.2016 | Canada Business

But energy firms still see dark clouds on the horizon.

Loonie Will Keep Collapsing, But Toonie Will Soar: Analysts

The Huffington Post Canada | Tenice Randle | Posted 04.05.2016 | Canada

There’s a “bear market” for the loonie, but a “polar bear market” for the toonie.

Loonie Hits Highest Level This Year

CP | The Canadian Press | Posted 03.31.2016 | Canada Business

TORONTO — The Toronto stock market advanced for a third-straight session and the Canadian dollar hit its highest level of the year as investor senti...

Low Loonie Causes Real Estate Slump In California

CP | The Associated Press | Posted 03.26.2016 | Canada Business

"This was the perfect storm for the desert."

No Relief For Canadians On Fruit, Vegetable Prices

The Huffington Post Canada | Daniel Tencer | Posted 03.21.2016 | Canada Business

The fallout from the loonie's slide continues to be felt in Canada's grocery stores. Fruit and vegetable prices kept climbing in February, Statisti...

Loonie Rebounds Above 77 Cents, But 65-Cent Dollar May Be Ahead

The Huffington Post Canada | Daniel Tencer | Posted 03.17.2016 | Canada Business

The conditions that created a low loonie are still in place.

Canadian Airlines Are Raking In Money, Despite Cheaper Airfare

CP | Ross Marowits, The Canadian Press | Posted 03.17.2016 | Canada Business

Revenues were $25.8 billion last year and are expected to reach $31.7 billion in 2020.

Loonie, TSX Soar After Prediction Oil Has 'Bottomed Out'

CP | The Canadian Press | Posted 03.11.2016 | Canada Business

IEA thinks oil has no further to fall.

Resurgent Loonie Tears Through 75-Cent Mark

CP | The Canadian Press | Posted 03.09.2016 | Canada Business

TORONTO — The Canadian dollar zipped back above 75 cents US this morning, gaining more than half a cent. The loonie was at 75.23 cents US about an ...

The Loonie Is Like 'The Revenant.' And That's A Very Good Thing.

The Huffington Post Canada | Jesse Ferreras | Posted 03.02.2016 | Canada Business

(N. One who has returned, as if from death.)

Loonie Shows Signs Of Strength

CP | The Canadian Press | Posted 03.01.2016 | Canada Business

Statistics Canada says the economy grew by 1.2 per cent in 2015.

Loonie's Long Slide Almost Over, Ex-Carney Protege Says

The Huffington Post Canada | Daniel Tencer | Posted 02.22.2016 | Canada Business

If it sticks to its historical range, the loonie mostly has an upside at this point.

Oil Soars 12% In One Day

CP | Aleksandra Sagan, The Canadian Press | Posted 02.12.2016 | Canada Business

TSX, Canadian dollar benefit after rumours OPEC may cut crude production.

Oil Hits 13-Year Low

CP | The Canadian Press | Posted 02.11.2016 | Canada Business

Loonie, TSX sink along with oil prices, yet again.

Oil Crashes Below $30, Drags TSX Down With It

CP | The Canadian Press | Posted 02.08.2016 | Canada Business

TORONTO — The Toronto stock market closed down sharply on Monday, pulled down by weakness in energy and financial stocks, as oil again fell below th...

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.