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Loonie

   Also found in: Dictionary/thesaurus, Wikipedia 0.03 sec.
Loonie
A slang term for a Canadian dollar. It is derived from the picture of a loon on one side of the coin.

Notes:
Just like in the U.S. where the dollar is referred to as the "greenback", the loonie is a often used to refer to the Canadian dollar. For example one may hear in a news report that the loonie was up in today's trade.


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Suffering from the strain of a stronger loonie and increasing overhead costs, pulp and paper producer Domtar posted a net loss of $24 million for the first quarter of 2006.
After one in a series of unfriendly encounters with Bailey, Afton confides her suspicions to her best friend, that maybe Bailey is "just out of some loonie bin or something," but when a woman is found dead, Afton's suspicions rebound on the family.
Increased foreign competition, appreciating Canadian loonie, and rising input prices have exerted enormous pressure on OEMs profit margins.
 
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