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 [...]

Factory sales plunge in record drop

Factory sales in Canada posted their biggest decline on record in December, with the downturn affecting virtually every industry group and province, Statistics Canada reported Monday.
Manufacturing sales plunged 8% to $44.2-billion in December from $48-billion in November, the fifth consecutive month of falling values, and the worst since the federal agency began delivering the current [...]