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Lower energy exports, higher dollar drive swing in trade balance

Canadian 100 Dollar banknotes being printed

A lower loonie might make it harder for the Bank of Canada to stem inflation

figure-money-coins

Investors fear the Federal Reserve will mirror the full percentage point hike in two weeks

When fear spikes, Canadians still turn to physical cash, RBC says

Piggy bank with national flag of Canada

The strength of Canadian commodities could continue to drive up the loonie

Outmoded $1, $2, $25, $500, $1000 bills no longer legal tender in 2021

A weaker dollar could help exports, but hurt foreign investments in government debt

Deputy governor Lawrence Schembri made the comments in Edmonton

Oil prices, a lack of foreign investment and trade woes have contributed to declines

Richardson GMP predicts the U.S. dollar could be challenged over the near to medium term

  • By: IE Staff
  • May 7, 2019 October 31, 2019
  • 15:02