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Loonie News

Bell Canada, Aliant seeking to charge $1 for local payphone use

Toronto - In this day and age of advanced mobile phones, are payphones becoming obsolete? Despite the outlook, Bell Canada and Bell Aliant are seeking to double the cost of local payphone use from 50 cents to $1.
In the Media by Andrew Moran - 2 comments

Canadian loonie near parity with US dollar

The Canadian loonie's climb to parity with the US dollar should hold steady throughout the rest of 2010 but experts predict that it is vulnerable to a pullback before spring.
In the Media by KJ Mullins - 1 comment

Canadian Loonie rises above U.S. dollar, contracts back to parity

Toronto - In the early morning trading session, the Canadian loonie rose as high as 1.0014 cents U.S. before contracting to 99.67 cents U.S. and it's expected the Canadian dollar will remain at parity as the U.S. dollar devalues.
In the Media by Andrew Moran

Canadian Dollar Drops Below 80 Cents

The uncertainty surrounding global economic conditions is being balked for the sinking loonie as the Canadian dollar fell below 80 cents U.S.
In the Media by Bob Ewing - 8 comments

Canadian Dollar Trading Below 80 Cents U.S.

The Loonie is being pulled down by falling world markets and declining oil prices and is trading below 80 cents U.S. today.
In the Media by Bob Ewing - 10 comments

Loonie Hits 15 Month Low

The loonie is taking a dive and is hitting a 15 month low; economic data suggesting Canada's economy is crawling blamed.
In the Media by Bob Ewing - 4 comments

The Loonie Keeps It Up

The Loonie is on another upward spiral against the United States dollar. Opening Monday at 100.05 it jumped slightly from Friday's closing rate. As the U.S. dollar loses value the Canadian dollar gains.
In the Media by KJ Mullins - 1 comment

Canada Records Job Losses as Loonie Drops

Job losses, according to Statistic Canada in December for the first time in seven months did not effect the unemployment rate which remained at 5.9 per cent. The loonie took a slight drop.
In the Media by Bob Ewing - 6 comments

The Bouncing Loonie

If you were planning on cashing in on the American dollar when it bounces back hopefully you've already grabbed your fist full of greenbacks. The Loonie closed neck and neck with the United States dollar on Friday.
In the Media by KJ Mullins

Canada's International Travel Deficit Rises, Cross Border Shopping Blamed

Canada's international travel deficit climbed to its highest level ever in the third quarter of 2007, as spending by Canadians in the United States reached record levels. Cross-border shopping, due to high loonie, drove up the deficit.
In the Media by Bob Ewing - 7 comments
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As Icelanders toy with the idea of ditching the tarnished krona, one of the intriguing suggestions being floated there is that it should consider adopting the Canadian loonie.


Lighter loonies and toonies are creating problems for those who use coin-operated machines, including municipalities which must upgrade their equipment to accept the new coins.


Currency analysts say the Canadian dollar will likely continue to rally following the Bank of Canada's recent shift to a more hawkish tone. The loonie traded above $1.02 US for the first time since last September.


The Canadian dollar closed lower Monday as China cut its growth target to the lowest level in eight years.


Home appliance-maker Mabe Canada is slashing 700 jobs in Montreal, blaming the high-flying loonie for its woes.

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Loonie Blogs

Jewish divorce (Note: not a joke for kids)

Just as received JEWISH DIVORCE A Jewish woman says to her mother, "I'm divorcing Jeff! All he wants is sex and...
Jan 26, 2011 in  Give A Smile A Day by skeptikool - 4 comments
 

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