Canadian Dollar and Business Outlook: Loonie surpasses 70 U.S. cents

Glacier FarmMedia | MarketsFarm – The Canadian dollar continued to rise on Wednesday morning after planned tariffs on Canadian goods entering the United States were delayed until March. The loonie was at US$0.7003 or US$1=C$1.4280 as of 8:35 a.m. CST, compared to Tuesday’s close at US$0.6971 or US$1=C$1.4345. The United States Dollar Index stepped back by […] Read more

Closeup of Canadian 100 dollar bill on top of US one hundred dollar bill

Wish not for a weak Canadian dollar

Investing for Fun and Profit: Weak currency is symptomatic of weak investing confidence in a country

There exists what I believe is a very common misconception that a weak currency is good for the economy. Statements by news media and politicians often parrot this theme because on a short-term basis, exports become cheaper for foreign buyers and imports more expensive for domestic purchasers, theoretically enhancing domestic production. However, what’s missing in […] Read more



Canadian Dollar and Business Outlook: Loonie rises, tariffs delayed

Glacier FarmMedia | MarketsFarm – The Canadian dollar surged on Tuesday morning after United States President Donald Trump announced on Monday afternoon that planned tariffs on Canadian and Mexican imports into the U.S. will be delayed until March. However, tariffs between the U.S. and Chinese imports started today. The loonie was at US$0.6954 or US$1=C$1.4380 […] Read more





Canadian Financial Close: Loonie drops before tariff day

White House says tariffs to be imposed tomorrow

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar dropped about a third of a cent on Friday, ahead of United States President Donald Trump slapping 25 per cent tariffs on all imports of goods from Canadian and Mexico, effective Feb. 1. Earlier in the day there were reports of the Trump […] Read more

Canadian Dollar and Business Outlook: Tariff threat pulling loonie lower

Levis set to go Saturday

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Friday morning as the 25 per cent tariffs United States President Donald Trump has threatened on Canada are set to take effect tomorrow. As of 8:37 am CST, the loonie was at US$0.6882 or US$1=C$1.4527 compared to Thursday’s close of US$0.6938 or […] Read more


Canadian Financial Close: Loonie edges upward

Tariff threat keeping crude rangebound

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar nudged up a tenth of a cent on Thursday due to gains in crude oil. The loonie closed on Thursday at US$0.6938 or US$1=C$1.4414, compared to Wednesday’s finish of US$0.6928 or US$1=C$1.4435. On the U.S. Dollar Index, the greenback tacked on 0.031 of […] Read more

Canadian Dollar and Business Outlook: Small increase for loonie

Oil hovers around unchanged ahead of Trump's tariff deadline

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar tacked about a tenth of a cent on Thursday morning as the United States dollar stepped back and crude oil inched upward. As of 8:38 am CST, the loonie was at US$0.6939 or US$1=C$1.4404 compared to Wednesday’s close of US$0.6928 or US$1=C$1.4439. On the United […] Read more