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Is the loonie’s downward trend set to continue?
Yes. At least according to a report by Capital Economics. Remember the days when the Canadian dollar was much higher than the American? Those days seem to be long gone. Capital Economics says the...
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Survey highlights east-west divide on oilsands
A poll released Thursday on whether Canadians favour oil and gas development shows Alison Redford has a big job on her hands. The newly-elected Alberta premier, who has pledged to win over other...
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Falling loonie offers some relief for province as oil prices plunge
As the province continues to be squeezed by sliding oil prices, there’s a partial respite for the Alberta treasury — a low-flying loonie that could be worth billions of dollars. On Wednesday, the...
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Good for movies, bad for imports: Falling loonie has mixed impact for Calgary...
There are both winners and losers for Calgary businesses as the value of the loonie dipped below 70 cents U.S. on Tuesday. “It feels like the ’80s and the ’90s all over again when our currency was much...
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