Loonie
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With recession fears looming, what comes next for the loonie?As stock markets and commodities like oil ride a trade war roller coaster, the Canadian dollar has been showing resilience inching back above 70 cents USD. Where will it go next?EconomyApr 10
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Weak loonie, Trump tariff threats make ‘volatile situation’ for Metro: CEOThe Canadian dollar has been steadily weakening for months amid threats of sweeping tariffs from Trump and talk of retaliatory tariffs by Canada.MoneyJan 28
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Weak loonie has ‘panicking’ snowbirds looking to sell Florida, Arizona homesMany snowbirds are scrambling to sell their homes in Florida and Arizona as a weak loonie and high insurance costs drive a Canadian exodus from the States.MoneyJan 28
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How to steer your finances around a weak loonie — or even get aheadLow loonie got you worried? Here's what financial experts say Canadian consumers and investors can do to mitigate the impact of a weaker Canadian dollar.MoneyJan 9
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What Trudeau’s exit means for the struggling loonie — and Canada’s economyPrime Minister Justin Trudeau's resignation sent the Canadian dollar higher against the American greenback on Monday. Here's why it matters for the loonie.MoneyJan 6
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Economists warn of ‘perfect storm’ hitting weak Canadian dollar as 2025 loomsThe Bank of Canada is hoping the diverging interest rate will spur investment but it could take a few years to stabilize, which is affecting some of the economic outlooks.EconomyDec 24, 2024
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Weak loonie could have further to fall in 2025, economists warnThe Canadian dollar has been trading below 70 cents US in recent weeks and is nearly four per cent below where it was in September.MoneyDec 24, 2024
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Loonie falls further after U.S. Fed rate cut. Here’s what’s happeningThe Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their previous estimate in September of four rate cuts.U.S. NewsDec 18, 2024
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Bank of Canada readies for a rate cut. Why the loonie is bracing for impactThe Bank of Canada is gearing up for its final interest rate decision of 2024. Here's what role a flagging Canadian dollar might play in the central bank's thought process.MoneyDec 10, 2024
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Loonie’s plunge just one consequence of Trump tariff threat on your walletThe Canadian dollar is faltering once again in the face of renewed tariff threats from U.S. president-elect Donald Trump. Here's how that will affect your finances.MoneyNov 26, 2024
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