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Loonie |
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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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? Mentioned in | ? References in periodicals archive | |
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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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