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Canadian Dollar

Why the Loonie's Fortunes Are Still Tied to Oil

Jeffrey Rubin | Posted 03.19.2014 | Business
Jeffrey Rubin

It's a few weeks into a new year and so far Canadians are discomfited by watching our dollar rank among the world's worst-performing currencies. The oft-cited reasons include high consumer debt levels, the potential for a housing bubble, and worries that Canada's economy is on a divergent path from the US. Really, though, it's about oil.

The Future Looks Bleak for Ontario's Manufacturing Sector

Jeffrey Rubin | Posted 03.01.2014 | Business
Jeffrey Rubin

What's happened to Canada's manufacturing sector? Kellogg's recent decision to close its plant in London ripped another 500 factory jobs away from Ont...

Metta World Peace: 'The Dollar Is Up'

The Huffington Post | Harry Bradford | Posted 06.21.2012 | Business

Just like NBA basketball star Metta World Peace, the Canadian dollar has its ups and downs. Ends up, World Peace knows that better than most. The ...

Canadian Dollar Value Weakens Over Debt Crisis Fears

The Canadian Press | Malcolm Morrison | Posted 07.24.2011 | Home

TORONTO - (CP) The Canadian dollar was lower against the U.S. currency Tuesday, reflecting a flight to safety to the greenback amid another round of ...

Can the Canadian Economy Afford the Tar Sands?

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

At triple-digit prices, the tar sands will produce three to four million barrels per day. In turn, the tandem of soaring oil prices and soaring oil production will propel the Canadian dollar to heights it's never seen.

Canada Offers More than Olympic Gold

Daniel Bruno Sanz | Posted 05.25.2011 | Business
Daniel Bruno Sanz

Every penny counts when times are tough and now is a good time for U.S. investors to look north for market out performance. These two charts help explain why.

Canada's Trifecta Win: Dollar, Stocks, Commodities

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Commodities, the Canadian dollar and Toronto Stock Exchange are headed onward and upward despite the world economy appearing to be only halfway through this Great Recession.

Sorry, Canada, $7 Canadian Is Just $6.98 American!

Dave Burdick | Posted 05.25.2011 | Business
Dave Burdick

"Hey, Canada! You thought that pipeline was worth seven billion dollars? Ha! Yeah, where we're from, that's a $6.98 billion pipeline!" And then I'd smugly shine an apple on my lapel.

Stronger Canadian Dollar Translates Into Higher U.S. Pot Prices

New York Post | Page Six | Posted 05.25.2011 | Business

The weak dollar is hurting some Manhattan potheads. "Most of the high-end marijuana sold here comes from Canada," our source in the herbal world repor...

US Dollar Slumps To Record Low Against Euro, Loonie Soars

AP | TALI ARBEL | Posted 05.25.2011 | Home

The dollar fell to a record low against the euro for the seventh consecutive session while the Canadian dollar hit a 31-year high as inflation data ra...

US And Canadian Dollars Equal In Value For First Time Since 1976

ABC News | CHARLES HERMAN | Posted 05.25.2011 | Business

The Canadian dollar has reached parity with the U.S. dollar for the first time since 1976. They are now equal in value. The euro also soared to its hi...