41 h. ago The Canadian dollar is on the rise and that might not be a good thing

The Canadian dollar's current value is something of a change for the not-so-long-ago beleaguered currency

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6 d. ago With recession fears looming, what comes next for the loonie?

As stock markets and commodities like oil ride a trade war roller coaster, the Canadian dollar has been showing resilience inching back above 70 cents USD. Where will it go next?

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1 week ago Rogers Communications Inc. Announces Consent Solicitations for Senior Notes to Facilitate Subsidiary Equity Investment

TORONTO, April 04, 2025 (GLOBE NEWSWIRE) — Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) (“Rogers”) today announced that it has commenced consent solicitations to amend the indentures governing certain of its outstanding US dollar-denominated and Canadian dollar-denominated notes, including notes originally issued by Shaw Communications Inc. (collectively the “Consent Solicitations”), as listed in […]

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2 w. ago Canada’s federal carbon tax experiment has ended. Here’s what it accomplished (not much)

According to government figures, the carbon footprint of a dollar earned in the Canadian economy has been in steep decline ever since peaking in 1996

Economics

2 w. ago CI Global Asset Management Announces Enhancements to Private Markets Funds

Investors enjoy increased access to innovative solutions through new Canadian dollar purchase option and monthly subscription NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART INTO THE UNITED STATES, TO U.S. NEWSWIRE SERVICES, OR OTHERWISE FOR DISSEMINATION TO THE UNITED STATES OF AMERICA TORONTO — CI Global Asset Management (“CI GAM”) today announced […]

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3 w. ago How might the Trump tariff battle affect the Edmonton Oilers, NHL?

"So you could see if the exchange rate goes down, or if the Canadian dollar weakens, certainly that's going to have an impact on how the most of the revenue gets converted."

Economics

3 w. ago Travel destinations where your Canadian dollars go further than in the U.S.

Travel has become increasingly more expensive, with the Canadian dollar at lows not seen since 2020, leaving some destinations heavier on the wallet than others.The United States has long been a vacation destination for Canadians, but the trade war has dampened people's interest in travelling south.According to recent data from the U.S. Customs and Border Patrol, the number of travellers from Canada entering the U.S. dropped by half a million in February 2025 compared to the same time last year."We do see a lot of people looking in different directions, not wanting to travel to the U.S. The U.S. has also lost a little bit of a brand value," Knightsbridge Foreign Exchange President Rahim Madhavji told us. The currency exchange company is based in Toronto.It might be a financially smarter move for Canadians to find other vacation destinations because the loonie won't go far in the U.S. As of Friday, US$1 equals C$1.43, according to foreign exchange tool XE.In addition to paying more d...

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3 w. ago Canacol Energy Ltd. Reports Record Adjusted EBITDAX of $296 Million for the Year Ended December 31, 2024

CALGARY, Alberta, March 20, 2025 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months and year ended December 31, 2024. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where […]

Economics

3 w. ago Hammond Power Solutions Reports Fourth Quarter 2024 Financial Results

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, March 20, 2025 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the fourth quarter 2024. HIGHLIGHTS Record sales of $208 million in […]

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