WINNIPEG – The Canadian dollar started the week above the 80 United States cent mark on Monday. As of 8:36 a.m. CDT, the loonie was at US$0.8011 or US$1=C$1.2483, compared to Friday’s closing value of US$0.7992 or US$1=C$1.2512. The U.S. Dollar Index gained 0.29 of a point at 98.93. Benchmark crude oil prices were rising […] Read more

WINNIPEG – The Canadian dollar dropped below the 80 United States cent mark on Friday with crude oil pulling back again to incur its biggest weekly loss in years. The loonie closed at US$0.7992 or US$1=C$1.2512, down from Thursday’s close of US$0.8003 or US$1=C$1.2496. The U.S. Dollar Index was up 0.24 of a point at […] Read more

WINNIPEG – The Canadian dollar held steady on Friday to start the month of April. As of 8:38 a.m. CDT, the loonie was at US$0.8003 or US$1=C$1.2496, same as its closing value on Thursday. Canada’s federal carbon price increases to C$50 per tonne on Friday, increasing gas prices by 2.2 cents per litre. The United […] Read more

WINNIPEG – The Canadian dollar took a step back on Thursday despite welcome economic news from Statistics Canada. The loonie closed at US$0.8003 or US$1=C$1.2496, down from Wednesday’s close of US$0.8019 or US$1=C$1.2470. The federal data agency announced on Thursday the economy grew 0.2 per cent in January and estimates 0.8 per cent growth in […] Read more

WINNIPEG – The Canadian dollar dropped below the 80 United States cent mark despite good economic news on Thursday. As of 8:36 a.m. CDT, the loonie was at US$0.7988 or US$1=C$1.2519, compared to US$0.8019 or US$1=C$1.2470 on Wednesday. Statistics Canada reported on Thursday that the country’s economy grew an estimated 0.8 per cent in February, […] Read more

WINNIPEG – The Canadian dollar surpassed the 80 United States cent mark as crude oil prices rise once again. As of 8:37 a.m. CDT, the loonie was at US$0.8034 or US$1=C$1.2447, compared to US$0.7994 or US$1=C$1.2509 on Tuesday. The Canadian government tabled its new carbon emissions reduction plan in Parliament on Tuesday, asking for a […] Read more

WINNIPEG – The Canadian dollar very nearly closed at the 80 United States cent mark on Tuesday. The loonie closed at US$0.7994 or US$1=C$1.2509, up from Monday’s close of US$0.7974 or US$1=C$1.2541. The Canadian federal government tabled its new climate change plan in Parliament on Tuesday, which states that oil and gas emissions must be […] Read more

WINNIPEG – The Canadian dollar made early gains on Tuesday while also decoupling from crude oil. As of 8:37 a.m. CDT, the loonie was at US$0.7991 or US$1=C$1.2514, compared to US$0.7974 or US$1=C$1.2541 on Monday. The Canadian government will table its new carbon emissions reduction plan in Parliament later today. The United States Dollar Index […] Read more

WINNIPEG – The Canadian dollar retreated from the 80 United States cent mark on Monday. The loonie closed at US$0.7974 or US$1=C$1.2541, down from Friday’s close of US$0.7999 or US$1=C$1.2502. A survey by Nanos Research reported that 51 per cent of Canadians believe the economy will weaken over the next six months, with primary concerns […] Read more

WINNIPEG – The Canadian dollar took a step back on Monday as crude oil declined to start the week. As of 8:37 a.m. CDT, the loonie was at US$0.7982 or US$1=C$1.2528, compared to US$0.7999 or US$1=C$1.2502 on Friday. The U.S. Dollar Index was up 0.54 of a point at 99.33. Benchmark crude oil prices were […] Read more