Canadian dollar hits 80 cent US mark, continuing recent climb
Loonie hasn’t closed above 80 cents US since June 30, 2015.
Falling oil prices, low dollar weaken provincial economic outlook
Even if Alberta runs a big deficit, it would take decades before it’s in the same debt situation as Ontario, CIBC report says.
BoC survey suggests manufacturers poised to invest more in 2015
Some companies expect the lower dollar to help them reclaim market share and increase competitiveness.
Auto production falling short amid cost competition from Mexico, US
Despite high sales, assembly plants in Canada aren’t growing the way they should be.
US stimulus exit to hit loonie, lift interest rates, but that’s good for Canada
A stronger US economy and a weaker loonie will support commodity prices and boost demand for Canadian exports.
Potash cartel breakup raises economic growth concerns
Potash production represents about 1.5% of Canadian goods exports.
Canadian dollar loses ground on interest rate concerns
Dollar has tumbled 1 1/2 cents US since Central Bank indicates it will be slower to raise interest rates.
Loonie hits 13-month high as Greenback weakens
There is, however, data from StatsCan that suggests manufacturing shipments have slowed.
Cascades closes Burnaby containerboard mill
Cascades Inc. is closing its Norampac containerboard mill in Burnaby BC, blaming high operating costs and a high dollar.