Source: CBC Radio, cbc.ca, July 09, 2020 The age old question, do you give your kids an allowance and what do you allow them to “do” with it? Family economics mean spreading the wealth to the whole family sometimes — but just how much should kids be getting from their parents? Should it be tied… Continue reading Should You Give Your Kids Money? Should They learn to Save It?
Tag: Loonie
US Coronavirus Surge Weakens Loonie
Source: MarketsFarm, producer.com, July 08, 2020 Benchmark crude oil prices took a small hit on Tuesday as the pandemic weighed on values. The Canadian dollar was lower on Tuesday, as the North American stock markets were concerned about the resumption of lockdown measures due to a surge in the number of reported cases of COVID-19… Continue reading US Coronavirus Surge Weakens Loonie
BMO senior economist says low loonie is saving grace for Canadian farmers
Source: Jonathan Guignard, Global News, November 21, 2018 According to a BMO Capital Markets’ special report published on Oct.31, the drop of the Canadian dollar has “spared farmers the type of distress seen south of the border.” Canada has seen an increase of 16 per cent in crop revenue since 2012, while the United States has seen a 14 per… Continue reading BMO senior economist says low loonie is saving grace for Canadian farmers
Canadian dollar lower after Trump attacks Trudeau over tariffs
Source: CTV News, The Canadian Press , June 11, 2018 TORONTO — The Canadian dollar was trading lower Monday morning after U.S. President Donald Trump continued his attacks on Canada and Prime Minister Justin Trudeau. Trump complained on Sunday that he had been blindsided by Trudeau’s criticism of his tariff threats at a summit-ending news conference. In tweets,… Continue reading Canadian dollar lower after Trump attacks Trudeau over tariffs
Bullish Canadian dollar threatens farm prices
Source: Sean Pratt, Producer.com, May 17, 2018 Analysts believe the Canadian dollar may soon start trading on the price of oil, and oil prices are continuing to climb. Bruce Burnett believes the Canadian dollar will continue to strengthen throughout the remainder of 2018, which doesn’t bode well for grain prices. The dollar went on a… Continue reading Bullish Canadian dollar threatens farm prices
Loonie rises, commodity stocks help Toronto index close higher
Source:Ian Bickis, The Canadian Press , May 16, 2018 Commodity stocks helped Canada’s main stock index swing to a slight gain Wednesday after the market opened lower, while U.S. markets closed higher. The early dip and reversal in equities came in part from global jitters around North Korea’s threat to cancel denuclearization talks and a proposal… Continue reading Loonie rises, commodity stocks help Toronto index close higher
Stocks creep lower in Toronto, while U.S. markets head higher; Loonie up
Source: The Canadian Press , March 23, 2018 TORONTO – Canada’s main stock index crept lower in late-morning trading, weighed down by weakness in the financial and telecommunications sectors. The S&P/TSX composite index was down 3.30 points to 15,396.63, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 110.20 points… Continue reading Stocks creep lower in Toronto, while U.S. markets head higher; Loonie up
Loonie can’t fall much further amid market turmoil, experts say
Source: David Hodges, The Canadian Press, February 13, 2018 TORONTO — The plunge in global stock markets over the past week has dragged down the Canadian dollar and oil prices, but some market observers see signs the loonie’s fortunes will change this year even as the Canadian dollar continued its slide Monday. The loonie is down… Continue reading Loonie can’t fall much further amid market turmoil, experts say
TSX, Wall Street hit new record highs, loonie down
Source: David Hodges, The Canadian Press, January 3, 2018 TORONTO — Rallying oil prices helped push Canada’s main stock index and its U.S. counterparts into record territory on Wednesday, while the loonie lost ground. The S&P/TSX composite index advanced 61.56 points to 16,371.55, with energy shares up 1.5 per cent as the February crude contract surged… Continue reading TSX, Wall Street hit new record highs, loonie down
Toronto stock index sets 2nd straight record high, Canadian dollar rises
Source: The Canadian Press, December 28, 2017 TORONTO — Canada’s main stock index hit an all-time record for a second straight trading session, bolstered in part by surging cannabis stocks, as the loonie hit its highest level in nearly three months. The S&P/TSX composite index advanced 18.82 points to 16,221.95, with shares of pot producers… Continue reading Toronto stock index sets 2nd straight record high, Canadian dollar rises