Canadian Dollar
The Canadian dollar used to track U.S. stocks tightly. Now — with a slowing economy — that’s changed
For the Canadian dollar, the U.S. economic outlook has been an important driver because Canada sends about 75 percent of its exports to the United States. Continue reading
Toronto Stock Exchange sets record for highest close — here’s why
The S&P/TSX composite index gained 68.57 points to 16,612.81, surpassing the previous record close of 16,567.47 set last July. Continue reading
Low Canadian dollar impacting Saskatchewan vacationers
Saskatchewan residents are looking for cheaper alternatives due to the Canadian dollar’s worst annual performance in three years. Continue reading
U.S. stocks face ‘biggest December fall’ since 1931 as world stocks, oil price tumbles
World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year. Continue reading
BMO senior economist says low loonie is saving grace for Canadian farmers
Canadian producers are seeing much better conditions when compared to producers south of the border. Continue reading
Alberta farming, tourism offer bright lights as dark economic clouds loom: economist
By Jennifer Crosby Anchor
Agriculture and tourism are bright spots for Alberta’s economy this summer, according to economist Todd Hirsch. But he warns there could be trouble on the horizon if uncertainty around pipelines, the NAFTA deal and international trade continues. Continue reading
Oil prices are high. So why is the Canadian dollar still so low?
The loonie will likely stay weak for the rest of the year — and auto tariffs could make things worse. Continue reading
Loonie falls as Toronto stock index closes at record high
Canada’s main stock index closed at a record high Wednesday, boosted by a broad-based rally on the market. Continue reading
Loonie down slightly as Donald Trump threatens more tariffs on Canada
Initially, some fear emerged and the loonie moved lower, but it pared much of its losses later in the day. Continue reading
Loonie slumps after G7 summit as Trump launches verbal attack on Trudeau
Major stock indices in North America made gains despite U.S. President Donald Trump’s threat to slap tariffs on Canadian auto makers. Continue reading