Sentences with phrase «in value of the loonie»

Canadians looking to vacation abroad may have to dig a little deeper into their pockets, as a slide in the value of the loonie reduces their purchasing power.

He adds that the recent dip in value of the Loonie has also made real estate investment in Canada a more attractive proposition for foreign buyers.

The immediate impact of stimulus spending also tends to be muted in open economies like Canada's, where money easily flows across borders — an uptick in GDP is likely to be offset by a corresponding rise in the value of the loonie, which, in turn, weighs down exports.

Not exact matches

As the country's oil - dominated trade flows have tied the value of the Loonie to triple - digit world oil prices, the resulting strength of the currency has turned into a curse for exporters in general and Ontario's factories in particular.

Despite a low - value loonie and even lower oil prices, 2014 was the best year ever for new car and truck sales in this country and 2015 is shaping to be more of the same, with record new vehicle sales being driven mainly by trucks.

Oil shock: Analysts say the loonie has lost value against the American dollar and a number of other currencies because of the big fall in oil prices, since the commodity is of major importance to the Canadian economy.

But the loonie was later trading at about US$ 0.745 — down two - thirds of a U.S. cent from Tuesday's close but in line with recent values — in the hours before North American financial markets open.

The RBC economists say they believe the U.S. economy is kicking into gear and that — combined with the lower value of the loonie — will result in more demand for Canadian exports.

The loonie's decline in value is just one aspect of our nation's global economic footprint which includes our ongoing struggle with lower oil prices.

Worse, if the loonie continues to strengthen, the value of U.S. assets will fall in Canadian dollars.

When the loonie tumbled, the value of my U.S. dividend stocks rose significantly in Canadian dollars.

When the loonie gains ground, those who already own international equities often see the value of their holdings fall in Canadian dollar terms.

The value of the loonie has fallen in comparison to the U.S. dollar.