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Topic: Canadian dollar


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In the News (Fri 20 Jul 18)

  
  Canadian dollar - Wikipedia, the free encyclopedia
It valued the Spanish dollar at 5 shillings (the value of the silver in the coin was equal to 4 shillings 6 pence, the "London rating").
The silver Spanish dollars were rated at 5 shillings 1 penny, whilst the British sovereign was rated at 1 pound 4 shillings 4 pence, the proper value due to its gold content compared to that of the gold U.S. dollar.
The Canadian dollar fell considerably after 1960, and this contributed to Prime Minister John Diefenbaker's defeat in the 1963 election.
en.wikipedia.org /wiki/Canadian_dollar   (1214 words)

  
 Canadian coinage - Wikipedia, the free encyclopedia
Modern Canadian coins are produced by the Royal Canadian Mint and denominated in Canadian dollars ($) or cents (¢).
The most significant recent developments in Canadian currency were the withdrawal of the $1 and $2 bills in 1987 and 1996, respectively, and their replacement with coins of new design.
Canadian coins are issued by the Royal Canadian Mint and struck at their facilities in Winnipeg.
en.wikipedia.org /wiki/Canadian_coins   (1552 words)

  
 Canadian dollar - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-10-21)
Canada decided to use the dollar instead of a pound sterling system because of the prevalence of Spanish dollars in North America in the 18th century and early 19th century and because of the standardization of the American dollar.
Canadian English, like American English, uses the slang term "buck" for a dollar; the word "loonie" is also used to distinguish the Canadian dollar from other currencies, as in "The loonie performed well today on currency markets."
Beginning in 2001, the Bank of Canada introduced a new series of bills: the new $10 was first issued on 17 January, 2001; the new $5 on 27 March, 2002; the new $100 bill on 17 March, 2004, the new $20 on 29 September, 2004, and the new $50 on 17 November, 2004.
www.sugarland.us /project/wikipedia/index.php/Canadian_dollar   (2525 words)

  
 Canadian dollar   (Site not responding. Last check: 2007-10-21)
The Canadas, in particular, favoured the dollar — the Bank of Montreal issued bank notes in dollars in 1817 — whereas the Atlantic colonies, with stronger ties to Britain and weaker ones to the United States, preferred the British coinage#Pre-decimal system£.s.d.
Canadian coins are issued by the Royal Canadian Mint and struck at their facilities in Winnipeg, ManitobaWinnipeg.
Canadian dollar is up 0.48 of a cent at 86.86 cents US at 11 a.m.
www.infothis.com /find/Canadian_dollar   (2808 words)

  
 CBC News Indepth: The Canadian Dollar
While the Canadian dollar is constantly being measured against its U.S. counterpart because Canada and the U.S. are neighbours and the world's largest trading partnership, the loonie is just one of the national currencies that are valued in U.S. dollars, the closest thing to world money.
In early 2002, the Canadian dollar was trading at record lows, but given Canada's better economic performance in terms of cutting government debt and deficits, and the growth and inflation figures, it should have been no surprise when the loonie took off, he said.
As the dollar jumped, companies that buy in U.S. dollars but sell in loonies, like petroleum refiners (which buy oil in U.S. dollars but sell gasoline in loonies) or telecommunication providers (which buy telecom equipment in U.S.-dollar markets, but bill Canadian subscribers in Canadian dollars) should be ahead.
www.cbc.ca /news/background/dollar_cdn   (1133 words)

  
 USATODAY.com - Skyrocketing Canadian dollar erodes growth, jobs   (Site not responding. Last check: 2007-10-21)
This year, he's hiring: not because the Canadian dollar — called the loonie because the $1 coin bears the image of a loon —; has dropped significantly against the greenback, but because he has managed to work around it.
The Canadian dollar jumped from an average of 65 U.S. cents in early 2003 to 84 cents in November.
Canadian manufacturing shipments were strong during much of 2004 even as the loonie rose, though they eroded as the year drew to a close and inventories jumped.
www.usatoday.com /money/world/2005-02-22-loonie-usat_x.htm   (1976 words)

  
 Canadian dollar -   (Site not responding. Last check: 2007-10-21)
Canadian English, like American English, uses the slang term "buck" for a dollar; the word "loonie", owing to the loon on the back of the dollar coin, is also used to distinguish the Canadian dollar from other currencies, as in "The loonie performed well today on currency markets."
The illustrations on the front and back of the updated notes are the same as those on the $5 and $10 notes issued in 2001 and 2002.
The Canadian dollar was more valuable than the USD during the 1950s and for part of the 1970s, but has not regained that status since 1976.
psychcentral.com /psypsych/Canadian_dollar   (3500 words)

  
 canadan dollar information,canadian dollar   (Site not responding. Last check: 2007-10-21)
Canada decided to use the dollar instead of a Pound Sterling systembecause of the ubiquity of Spanish dollars in North America in the 18th century and early 19th century and because of the standardization of the American dollar.
Canadian coins are issued by the Royal Canadian Mint andstruck at their facilities in Winnipeg.
The most significant recent development in Canadian currency was the withdrawal of the $1 and $2 bills in 1989 and 1996, respectively, and their replacement with coins of newdesign.
www.vsearchmedia.com /canadan_dollar.html   (1602 words)

  
 c us to canadian dollarnadian press - toronto (cp) - north american stock markets   (Site not responding. Last check: 2007-10-21)
Canadian dollar is up 0.59 of a cent at 81.97 cents US at 11 a.m.
Canadian Press - TORONTO (CP) - Canada's benchmark stock index achieved its highest close of the year Friday - a level not seen since the autumn of 2000 - as triple-digit increases were propelled by a fresh spate of corporate and economic news.
Canadian dollar is up 0.06 of a cent at 80.36 cents US at 11 a.m.
ustocanadiandollar.quakedollar.com   (1375 words)

  
 GovMint.com - Canadian Silver Dollar Coins
The 1939 Canadian Silver Dollar was only the second commemorative dollar ever issued by Canada, and it paid tribute to the Royal visit of George VI and Queen Elizabeth to Ottawa.
In 1998, the Royal Canadian Mint paid tribute to the 125th anniversary of the Royal Canadian Mounted Police with a special one-year-only silver dollar that featured a stoic, square-jawed Mountie patrolling the wilderness.
The 1996 Canadian Silver Dollar celebrates the 200th anniversary of the McIntosh apple and the McIntosh family’s contribution to Canada’s agricultural and horticultural growth and development.
www.govmint.com /countrylistings/northamerica/canada/canada.aspx   (299 words)

  
 Euro and Canadian dollar   (Site not responding. Last check: 2007-10-21)
Canadian dollar - The recent drop in USDCAD is contrary to the themes which have dominated this cross over recent months.
However, there is nothing too indicate that that the Canadian dollar is set to stage a rally based upon the stronger Canadian economic data.
The employment report conflicted with what was largely moderate to slightly negative Canadian economic data over prior months, indicating the economy had lost momentum from earlier in the year.
www.macroanalytics.com /html/euro_and_canadian_dollar.html   (558 words)

  
 More on Canadian Dollar
Quantities of American coinage circulate in Canada at par, and some Canadian coins circulate in the US as well, though recent changes to the appearance and composition of recent Canadian coinage has made it more difficult for these coins to be used in America.
A silver dollar coin similar to that issued in the U.S. was first proposed in 1911 and a few trial pieces exist, but a proper dollar coin did not arrive until 1935.
Unlike several American attempts to introduce a dollar coin, the new coins were quickly accepted by the public, owing largely to the fact that the mint and government made it a "cold turkey" switch.
www.eduhistory.com /canadian-dollar.htm   (2277 words)

  
 T-CC CANADIAN DOLLAR Wednesday-Night by David T. Nicholson
Canadian Dollar Should be Edging Lower - November 9, 2005 Canadian exporting companies face a stressful outlook, with rising interest rates and moderating sales growth.
The rise of the Canadian dollar is accompanied by the continued fall of its U.S. counterpart in trading against the euro and the Japanese yen.
The higher Canadian dollar is good news for Canadian importers but bad news for the country's exporters because it makes their products more expensive, especially in trade with the Americans.
www.wednesday-night.com /T-CC.asp   (3855 words)

  
 Online NewsHour: Canadian Dollar-- November 11, 1998
LEE HOCHBERG: The depressed Canadian dollar, nicknamed the "loonie" because it has a loon pictured on it, has made Canada a bargain for all sorts of Americans.
Twenty years ago the Canadian dollar was worth about the same as the US dollar.
DAVID BOND, Economist: The only way we could continue to sell goods to the United States was to take less American dollars for the same amount of goods, which means that the Canadian dollar was falling in value effectively.
www.pbs.org /newshour/bb/economy/july-dec98/canadian_11-11.html   (1243 words)

  
 Heritage to offer 1911 Canadian dollar - 12/16/02   (Site not responding. Last check: 2007-10-21)
The rarities are part of the virtually complete Sid and Alicia Belzberg collection of Canadian coinage, which encompasses more than 700 pieces of Canadian decimal coinage from 1858 on, and the separate coinages of Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland prior to their joining the Confederation.
Only two examples of the silver 1911 Canadian dollar, nicknamed "Emperor of Canadian coins," are known to exist, one of which is permanently housed in the Bank of Canada Museum in Ottawa.
The 1911 Canadian dollar is just one of the major rarities that will be offered Jan. 13.
www.coinworld.com /ebay/news/121602/News-2.asp   (887 words)

  
 Globeinvestor.com: Canadian Dollar Higher, Bonds Sink After Dodge
TORONTO (Reuters) - The Canadian dollar romped to a 12-year high on Monday, buoyed by better than expected retail sales figures and Bank of Canada Governor David Dodge's remarks that the domestic currency's recent rise versus the greenback was not inappropriate.
At 9:25 a.m., the Canadian dollar was at C$1.1877 to the U.S. dollar, or 84.20 U.S. cents, up from C$1.1930 to the U.S. dollar, or 83.82 U.S. cents, at Friday's close.
The two-year bond fell 12 Canadian cents to C$99.91 to yield 3.296 percent, while the 10-year bond lost 20 Canadian cents to C$103.50 to yield 4.542 percent.
www.globeinvestor.com /servlet/ArticleNews/story/ROC/20041122/2004-11-22T152537Z_01_N22679823_RTRIDST_0_BUSINESS-MARKETS-CANADA-DOLLAR-BONDS-COL   (856 words)

  
 Globeinvestor.com: Middle East Violence Lifts Canadian Dollar, Bonds
TORONTO (Reuters) - The Canadian dollar marched higher against a broadly softer U.S. currency on Monday in reaction to a new spate of violence in the Middle East including a car bomb in Baghdad that killed the head of Iraq's U.S.-appointed Governing Council.
At 9:25 a.m., the Canadian dollar was at C$1.3799 to the U.S. dollar, or 72.47 U.S. cents, up from C$1.3902 to the U.S. dollar, or 71.93 U.S. cents, at Friday's close.
The two-year bond rose 5 Canadian cents to C$99.96 to yield 3.019 percent, while the 10-year bond rose 15 Canadian cents to C$103.05 to yield 4.828 percent.
www.globeinvestor.com /servlet/ArticleNews/story/ROC/20040517/2004-05-17T135115Z_01_N17185885_RTRIDST_0_BUSINESS-MARKETS-CANADA-DOLLAR-BONDS-COL   (773 words)

  
 Rates and Statistics - Exchange Rates - Bank of Canada
The noon exchange rate for the Canadian dollar against the U.S. dollar is calculated to reflect the trades that take place between 11:59 a.m.
All other Canadian dollar noon exchange rates are derived from the US$/Can$ exchange rate and from indicative wholesale market quotes for a broad array of other currencies.
Convert to and from Canadian dollars using rates from 1996 to the present.
www.bankofcanada.ca /en/rates/exchange.html   (317 words)

  
 A Canadian Dollar bull market - Gold & Silver Forum
When gold peaked at $420 in 1996, the Canadian Dollar had declined to about $0.73 U.S. Investors like myself who had early invested in gold's advance, while they may have benefitted from the price increases in the Canadian junior companies, experienced their profits reduced when they sold their stock.
If one bought Canadian securities when that dollar was worth little, when compared to the U.S. unit, and sold when the Canadian dollar had risen in value against the U.S. dollar, they would reap a substantial reward.
Conversely, if they acquired Canadian investments when the Canadian Dollar was high when compared to the U.S. dollar, and sold their assets when the Canadian money had declined in value compared to it's U.S. equivalent, they would suffer.
www.goldismoney.info /forums/showthread.php?t=773   (1487 words)

  
 [No title]
The Canadian dollar -- known as the "loonie" for the bird image featured on the dollar coin -- was worth as much as 77.4 cents in 2003.
Meanwhile, because the Canadian dollar is "still viewed as a commodity currency," gold, oil and the like are the main factors to follow to glean a sense of its forward direction, said J.P. Morgan Securities' Canada economist Ted Carmichael.
But the Canadian dollar has not, even in recent memory, always traded at a discount to the greenback.
www.marketwatch.com /News/Story/Story.aspx?guid={644EED98-F58A-4558-B362-C03EF77832E9}&siteid=google&dist=google   (1071 words)

  
 Forbes.com: Canadian dollar dips, bonds fall; eye Fed speakers   (Site not responding. Last check: 2007-10-21)
At 9 a.m., the Canadian dollar was at C$1.3981 to the U.S. dollar, or 71.53 U.S. cents, down from C$1.3957 to the U.S. dollar, or 71.65 U.S. cents, at Monday's close.
Otherwise, the Canadian dollar may get direction on Tuesday from a handful of U.S. influences, which include housing starts for April, and a pair of Fed speakers.
The two-year bond fell 10 Canadian cents to C$99.90 to yield 3.052 percent, while the 10-year bond lost 28 Canadian cents to C$103.20 to yield 4.808 percent.
www.forbes.com /personalfinance/funds/newswire/2004/05/18/rtr1375365.html   (771 words)

  
 Bloomberg.com: Canada   (Site not responding. Last check: 2007-10-21)
Canadian 10-year bonds yielded about 3.9 basis points less than U.S. bonds after the U.S. jobs data Friday, for the first negative difference in yields since Nov. 7, 2000.
Bank of Montreal's Elliott said Canada's dollar may follow trading patterns in the British pound, which is down 1 percent against the U.S. dollar today, the biggest decline of the 16 major currencies.
Since April, moves in the Canadian dollar against the U.S. dollar had a statistical correlation of 0.87 with moves in the pound against the U.S. dollar.
quote.bloomberg.com /apps/news?pid=10000082&sid=aarCVi1y5hOs&refer=canada   (823 words)

  
 Canadian Dollar Futures News Headlines
Canadian dollar is up 0.31 of a cent at 88.67 cents US at 11 a.m.
Canadian dollar is down 0.38 of a cent at 87.66 cents US at noon ET
Canadian dollar is down 0.47 of a cent at 86.77 cents US at noon ET
news.tradingcharts.com /futures/headlines/Canadian_Dollar.html   (2013 words)

  
 Forex Blog: Canadian Dollar
Earlier this week, the Canadian government received a vote of no-confidence, effectively bringing an end to months of allegations that Canada’s ruling Liberal Party was corrupt.
In this case, however, the Canadian Dollar was virtually unaffected.
Currency strategists will likely remain bullish on the Canadian Dollar, as longs as its economy continues to hum and the differential between Canadian and US interest rates continues to narrow.
www.forexblog.org /canadian_dollar   (1147 words)

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