Invest in Canada

Loonie plunge could help Canada weather economic slowdown

Experts say the plunging loonie, now at its lowest level in more than three years, could help Canada weather a global economic slowdown by making exports more competitive but things will be tough.

Canada’s manufacturing sector suffered as the dollar soared above parity with the U.S. greenback last year for the first time in decades.
The strong [...]

Loonie extends gains versus greenback

The Canadian dollar rose against the U.S. dollar on Wednesday morning, extending recent gains made on improving risk sentiment.
The Canadian dollar has largely been tracking North American stock markets, and much of its stronger tone since hitting a 4-1/2 year low last week has come on the back of a string of higher closes on [...]

‘Goldilocks’ dollar is happy here

The commodity boom is over, for now at least, and the Canadian dollar is having a serious hangover.

We have reached the Goldilocks level for the Canadian dollar. After a dramatic, commodity-driven boom and bust, the loonie has settled into a comfortable trading range in recent months. The currency is trading slightly below estimates of [...]