Sentences with phrase «plunging loonie»

I realize the recent plunging loonie complicates the answer because if I were converting from CAD to USD in order to contribute I'm at a disadvantage.

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 loonie's plunge below 70 cents against the U.S. dollar in mid-January was bad news for energy companies but will boost the competitiveness of our high - tech firms.

TORONTO — The plunge in global stock markets over the past week has dragged down the Canadian dollar and oil prices, but some market observers see signs the loonie's fortunes will change this year even as the Canadian dollar continued its slide Monday.

Since February 2013, the loonie has plunged relative to the U.S. dollar, the euro, British pound and Chinese yuan.