Though it is painful to see the soaring
loonie clipping the returns of your portfolio, I look at the bright side: I can purchase more US assets for my loonies today.
Though it is painful to see the soaring
loonie clipping the returns of your portfolio, I look at the bright side: I can purchase more US assets for my loonies today.
Not exact matches
If China's GDP growth slowed to 5 % in 2012 from its 9.5 %
clip in 2011, economists Craig Alexander and Pascal Gauthier wrote, oil would fall to US$ 65 a barrel, non-energy commodity receipts would plunge 31.5 %, Canada's current account deficit would double, and the
loonie would fall to 83 cents US.
The international community, on the other hand, could
clip the
loonie's wings by working together to prop up the U.S. dollar.
Canadian families and snowbirds who typically flock south during the winter are finding their wings
clipped due to the falling
loonie.