Canadian dollar soars, briefly touches 2-year high after rate hike
Economists worry about the potential impact of a strong currency on exports. Continue reading
Loonie
Bank of Canada raises interest rate to 1% – and that’s not the end of it, economists say
The move raises borrowing costs for Canadians on anything from mortgages to lines of credit. Continue reading
Harvey’s Texas flooding to cause gas price hikes across North America
On the flip side, though, the storm also helped send the loonie slightly higher. Continue reading
Trump threatened to terminate NAFTA. Canada and Mexico shrugged
The president’s ‘shock and awe’ negotiating tactics are wearing off, experts say. Continue reading
BUSINESS REPORT: a pause for the Canadian dollar, but for how long?
By Ria Renouf Assignment Editor/News Anchor
There are concerns the Loonie will see a struggle in the next while. Continue reading
At 80 US cents, the loonie is up 10% since May: Who wins and who loses?
Consumers should cheer. Continue reading
Loonie hits 80 cents U.S., first time in 2 years
The loonie is the highest it’s been in more than two years. Continue reading
BUSINESS REPORT: A stronger loonie could weigh on trade but be good for investors
By Ria Renouf Assignment Editor/News Anchor
Individual investors stand to gain from the unexpected fallout from the Bank of Canada’s interest rate hike. Continue reading
Royal Canadian Mint to issue special loonie commemorating Toronto Maple Leafs centenary
The coin’s design will feature the Maple Leafs logo and 100 dots around the ring to mark the team’s 100 years. Continue reading
BUSINESS REPORT: Why the big rally in the loonie after the rate hike?
By Ria Renouf Assignment Editor/News Anchor
There could be some good news on the way for U.S.-bound Canadian travellers. Continue reading
