Canadian Dollar

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Canadian Dollar

The currency of Canada. The dollar traces its antecedents to the dollar of the Province of Canada, which was issued in 1858, and gradually adopted by the territories of British North America as they formed modern Canada over the course of the next century. The Canadian dollar was pegged to the United States dollar at various values, often at par, until 1950. The currency began to float that year, though it briefly reverted to the U.S. dollar peg between 1962 and 1970.

References in periodicals archive ?

"The falling Canadian dollar is bad news for Canadians in the home country, since their imports would become more expensive, while lesser money will come in through exports," said Adeeb Ahamed, Chief executive officer at LuLu Exchange.

Canadian expats make hay as dollar collapses but importers worry

The most influential sector Financials was up 0.32 percent as well, when Royal Bank of Canada gained 0.44 percent to 76.92 Canadian dollars and the insurance company Manulife Financial Corp.

Roundup: Canadian stock market rallies over Greece debt bailout agreement

When foreign companies bid for Canadian companies, they must sell foreign currencies and buy the Canadian dollar.

Canadian Dollar Forecast: CAD to rise further on natural resources demand

In 1982, with the Canadian dollar trading at about 81 cents U.S., Canadians made 22.1 million same day automobile trips.

Will cross-border shopping take off?

Global Banking News-May 15, 2014--Central banks around the world demand Canadian dollars

Central banks around the world demand Canadian dollars

Energy companies pullback again and the Canadian dollar is another casualty of the oil price rout

Canadian Economy Faces Challenges and Opportunities in 2016: RBC Economics

The Canadian dollar lost five cents in value compared to the U.S.

Loonie plummets after months of slow decline: Whatcom County shopping is still a bargain for some Canadians

So my investment mantra is "Yankee Doodle Dandy", long the Buckaroo against the euro, yen, Russian rouble and the Canadian dollar. The euro is now 1.3380.

Euro, yen and Canada targets achieved

New York (AirGuideBusiness - Business & Industry Features) Tue, Feb 4, 2014 - Air Canada is looking for ways to bolster revenue and cut costs to compensate for the weakening Canadian dollar, its chief executive officer said on Tuesday Feb.

Air Canada is looking to bolster revenue and cut costs to compensate for the weakening Canadian dollar