Loonie at 4 year low, drop in oil prices contributes to decline

The Canadian Loonie is at a 4 year low against the US greenback, closing Monday at its lowest level since September 2004.  The struggling global economy, dropping oil and metal prices, and tightening credit...

Canadian Dollar Falls Below 80 Cents US

Less than a year after it hit a historic high, the Canadian dollar fell below 80 cents US. In November of 2007, the Canadian loonie went up to $1.10."The Canadian dollar continued to retreat on Wednesday as it...

No Testicles on Currency traders

So the traders just brought the Canadian dollar right up to the edge of the magic line, and backed off. Check out the graph below.  (You'll have to scroll down - waaay down.)

Prehistoric Loonie

"An artist's reconstruction shows Gansus yumenensis in a lake in China's Gansu province. The bird probably had the ability to dive and swim underwater, much like modern loons or grebes. Illustration by Mark A. Klingler, courtesy of the Carnegie Museum of Natural History."

Deep Integration

"The U.S. Fed burps and the loonie falls."

Debtors Nation

"The impact of the Bank of Canada's stupid inflationary policy of raising interest rates adversely affects working class Canadians."

Lucky Number 7

"Seven rate hikes and of course David Dodge and the Bank of Canada do it again. Bank of Canada raises overnight rate target by 1/4 percentage point to 4 1/4 per cent "

Before the Crying Starts

"Anyday now we will be hearing the manufacturing lobby spokesperson, former Mulroney Cabinet Minister, Warren Perrin and the Council of Canadian CEO's along with their earstwhile ally in the Canadian Auto Workers Jim Stanford starting to decry the high Canadian dollar."

The Sun's Loonie Editorial

"The Editorial in yesterdays Edmonton Sun was a piece of fiscal fiction. Pulp fiction reads better, and the supermarket tabloids are more reliable on economics. Really they claim that the loonie is doing well because we elected a Conservative government."

Boom Boom

"It looks like David Dodge head of the Bank of Canada is stuck back in the eighties when thanks to constant high interest rates the Canadian economy flatened out. Now with the Loonie replacing the pound as the Petro Dollar our economy is booming, and once again Dodge is...

Canada's Currency Drops as Traders Focus on Declining Gold, Energy Prices

"New York at the Bank of Montreal . ``The interest rate differential will remain where it is.'' Canada's central will set rates next on March 7, while the Fed meets next to decide on"

closeSign in to NowPublic

is reporting from