Tag #Canadian Dollar

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US-Canada Trade War Threat Sends Shockwaves Through Canadian Economy

The threat of a US-Canada trade war initially sent Canadian stocks and the dollar lower on Monday, but a 30-day tariff pause eased concerns, offering lessons for investors, homebuyers, and mortgage holders about the impact of trade disputes on personal finances.

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32% Bias Score

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Canada's Inflation Slows to 1.8% in December

Canada's annual inflation rate fell to 1.8 percent in December, driven partly by a temporary sales tax break and exceeding analysts' expectations of 1.9 percent; month-on-month contraction was 0.4 percent.

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4% Bias Score

Reduced Inequality
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Loonie Falls Below 70 Cents Amidst US Dollar Strength and Tariff Threats

The Canadian dollar fell below 70 US cents due to US Federal Reserve actions, US tariff threats against Canada, and Canadian political instability; analysts predict continued weakness unless US dollar weakens or tariffs fail to materialize.

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44% Bias Score

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Canadian Dollar Shows Signs of Stabilization Amidst Political Uncertainty

The Canadian dollar is at its weakest since March 2020 at 69.8 cents U.S., but stabilizing economic data and a potential change in government suggest a less bearish outlook, despite the recent political turmoil in Canada and the previous threat of a 25% U.S. tariff.

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48% Bias Score

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Loonie's Plunge Creates Investment Dilemma for Canadians

The Canadian dollar has fallen to a four-year low against the U.S. dollar, creating a dilemma for investors holding U.S.-dollar assets, who are seeing unexpectedly high returns in Canadian dollar terms due to the currency exchange, despite the Bank of Canada's interest rate cuts and trade uncertaint...

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48% Bias Score

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Trump Delays Tariffs on Canadian Goods for One Month

President Trump temporarily suspended 25 percent tariffs on Canadian exports for one month after a phone call with Prime Minister Trudeau, during which Canada committed to increased funding for crime-fighting and the appointment of a "fentanyl czar"; the Canadian dollar initially fell but then rose ...

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40% Bias Score

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Weak Canadian Dollar Impacts Returns on US Stock Investments

The falling Canadian dollar negatively impacts returns on hedged U.S. stock investments, but benefits unhedged investments, as exemplified by the 36% return of the unhedged iShares Core S&P 500 ETF versus 23.4% for its hedged counterpart in 2022. This is due to several factors including weak economi...

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48% Bias Score

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Weakened Loonie Drives Canadians to Cheaper Travel Destinations

Due to the weakened Canadian dollar, Canadian traveller Ken Mudry switched his vacation from Kauai to Puerto Morelos, Mexico, where his money stretches further, highlighting a growing trend of Canadians seeking more affordable destinations like Japan, Southeast Asia, and Portugal.

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40% Bias Score

Reduced Inequality
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Canadian Housing Market Shifts to Seller's Market

Canada's housing market is transitioning from a buyer's to a seller's market, with the sales-to-new listings ratio reaching 59.2 in November; however, Toronto's condo market remains an exception due to oversupply.

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40% Bias Score

Reduced Inequality