Sentences with phrase «value of the loonie»

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.

In addition to the region's natural beauty, the buyers were lured by the low value of the loonie relative to the U.S. dollar, said Sookarow who, along with realtors elsewhere, says an increasing number of vacation property buyers are coming from south of the border.

The panelists also believe the Canadian dollar, which hit 92 cents US today, will be worth 90 cents US by the end of year, not far from what they believe is the ideal value of the loonie (87 cents US) for business.

This had led to calls that the Bank of Canada should intervene, with Erin Weir arguing that the Canadian dollar should be pushed down to the PPP value of 80 - 85 cents, which Weir believes is the fundamental value of the loonie.

Historically, we've had strong international interest from the «seasonal / recreational» home buyer; however the increased value of the loonie could affect that segment of our marketplace.

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.

As the Fed raises rates, the gap between Canadian and American borrowing costs should widen, which would put downward pressure on the value of the loonie.

The oil industry's good fortune artificially inflated the value of the loonie.

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.

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.

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.

Over the years, Rick has become somewhat of an expert on many of the issues Canadian snowbirds face — preparing annual budgets, watching the value of the loonie carefully to see if this year they'll have a favourable exchange rate and making sure they have enough travel medical insurance to make their trips carefree.

The price of a trip to the sunny south is going up as more tour operators add a so - called «currency surcharge» to offset the sharp decline in the value of the loonie against the U.S. dollar.

If the housing market were to experience even a slight increase in the near future, the value of the loonie would rise, crippling exports and slowing any possible growth.

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

Sunny havens such as Fort Myers, Fla., have seen property values plummet as much as 50 per cent since the start of 2007, while the value of the loonie has soared about 15 per cent during the same period.