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Topic: Canada dollar

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	Canadian dollar - Wikipedia, the free encyclopedia
		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.
		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 £.s.d.
		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.
	en.wikipedia.org /wiki/Canada_dollar (2916 words)

	Publications and Research - Research - A History of the Canadian Dollar - Bank of Canada (Site not responding. Last check: 2007-10-08)
		In 1914, Canada's principal foreign creditor was the United Kingdom, with the bulk of British claims on Canada in the form of direct investment or denominated in sterling.
		British holdings of U.S. dollars were also substantial at the outbreak of World War I. Consequently, the British authorities were able to pay for their own U.S. imports, maintain a stable and convertible currency, and provide U.S. dollars to Canada in settlement of Canada's trade surplus with the United Kingdom.
		Canada's trade deficit with the United States narrowed, a sizable U.S. dollar line of credit was established with the U.S. Export-Import Bank, and Canada's trade balance with other countries improved (including an increase in actual receipts).
	www.bankofcanada.ca /en/dollar_book/full_text-e.html (15889 words)

	Canada's dollar up, but border bargains down
		The Canadian dollar, also known as the Loonie for the bird pictured on it was worth 83 cents U.S. on Monday.
		That momentum is coming from news that Canada's unemployment rate remained stable at 7.1 percent in October, when the country added 34,000 jobs.
		Canada's commodities, especially oil and metals, are in high demand, Evans said.
	www.freep.com /money/business/canada16e_20041116.htm (1088 words)

	WSCE Canada Coins
		This is a most logical situation, as when the dollar was established as the monetary unit of Canada, in 1857 it was given the same intrinsic value as the U.S. dollar.
		When Canada's dominion coin issue of 1870 was introduced, the 1858 provincial issue of a decimal 20 cent piece was abandoned in favor of a quasi-decimal 25 cent piece.
		Although tentative steps aimed at the creation of a dollar coin were instituted in 1911, it was not until 1935, the year the issue of silver dollars was halted in the U.S., that Canada launched the issue of a silver dollar.
	www.wscoin.com /Info/CanadaCoins.htm (853 words)

	Bloomberg.com: Canada (Site not responding. Last check: 2007-10-08)
		Canada's two-year government bond yield held at the highest since May 2003 after the Bank of Canada reiterated plans to keep raising interest rates.
		The Bank of Canada on Oct. 18 increased the overnight rate by 25 basis points to 3 percent, the highest since August 2003, meeting the expectations of 28 of 29 forecasters surveyed by Bloomberg News.
		Declines in the Canadian dollar may be limited by prospects for higher rates, which typically make a country's bonds and deposits more appealing to international investors, who need the local currency to buy the assets.
	feeds.thecanadanews.net /?rid=8023187744cb6fdd&cat=71df8d33cd2a30df&f=1 (830 words)

	Canada dollar slips, bonds rise - Boston.com - Canada - News (Site not responding. Last check: 2007-10-08)
		The Canadian dollar eased against a rising U.S. currency on Tuesday, but stayed in its recent range as the market waited for end-of-week economic data that could provide more hints as to the Bank of Canada's plans for raising interest rates.
		The Canadian currency finished at C$1.2191 to the U.S. dollar, or 82.03 U.S. cents, down slightly from C$1.2172 to the U.S. dollar, or 82.16 U.S. cents, at Monday's close.
		The loonie has been rallying broadly in recent months against most currencies, and hit a four-month high against the U.S. dollar last week as the Bank of Canada signaled it plans to start raising interest rates in the near term, which most took to mean its next meeting in September.
	www.boston.com /news/world/canada/articles/2005/07/19/canada_dollar_slips_bonds_rise (592 words)

	Worldandnation: Canada report
		Canada is threatening to take the U.S. administration to court over duties on softwood lumber exports.
		Canada's largest cigarettemaker, Imperial Tobacco, says it would stop using the terms "light" and "mild" if a new tar-rating system is approved.
		Canada's dollar started moving lower again on Friday, slipping to 62.15 cents U.S. The U.S. greenback is worth $1.6090 Canadian before bank exchange fees.
	www.sptimes.com /2002/01/27/news_pf/Worldandnation/Canada_report.shtml (754 words)

	Plastics News - Special reports
		Canada’s processors are working furiously to boost their competitiveness in a strong-dollar environment, Shammas noted.
		Royal Bank of Canada is one of the optimistic forecasters, pegging economic growth at 3.5 percent in 2004 as Canadian exporters latch onto U.S. expansion.
		Canada’s vehicle parts shipments are down about 8 percent from the C$36 billion (US$23 billion) peak in 2000, partly because of the strong Canadian dollar.
	www.plasticsnews.com /subscriber/features2.phtml?cat=2&id=1074527127 (697 words)

	Bloomberg.com: Currencies (Site not responding. Last check: 2007-10-08)
		Canada's dollar is falling relative to other currencies because some investors are speculating that a slowing U.S. economy will eventually harm Canada, its largest trade partner, Farrill said.
		Canada's dollar fell to a three-week low against the euro, hitting 64.95 cents per Canadian dollar.
		Canada's most widely traded two-year bond rose on Wednesday after a government report showed industrial companies reduced the amount of work done at their plants in the second quarter as the economy shrank.
	quote.bloomberg.com /apps/news?pid=10001096&sid=aWqxv7LBS7Us&refer=world_currencies (829 words)

	Worldandnation: Eyes on U.S. as Canada's dollar hits new low
		Canada's colorful currency has fallen to a record low, making the cost of American goods and a U.S. vacation more expensive.
		Thousands of more jobs in Canada's west coast forest industry will be lost as a result of the imposition by the United States of a second punitive duty against softwood lumber exports.
		Canada is increasing by 10,000 the number of immigrants it will admit next year.
	www.sptimes.com /News/110501/news_pf/Worldandnation/Eyes_on_US_as_Canada_.shtml (783 words)

	Bloomberg.com: News & Commentary
		The U.S. dollar is higher today against 15 of 16 major currencies tracked by Bloomberg, extending a similar pattern held during the past week.
		The yield on bankers' acceptance futures expiring March 14 and June 13, 2005, interest-rate contracts, are 2.63 and 2.72 percent, respectively, suggesting low expectations for the bank to raise its key rate to 2.75 percent at the next policy meetings.
		Canada's 3.25 percent bond due in December 2006 -- which is more sensitive to monetary-policy expectations than longer-dated debt -- fell 4 cents to C$100.63, according to bond broker Mouvement Desjardins.
	www.bloomberg.com /apps/news?pid=email_us&refer=canada&sid=aK5oyWAtcjOU (882 words)

	Dollar Thrifty Automotive Group, Inc.
		Dollar Thrifty's newly adopted mission statement, Value Every Time, links the Company with customers, employees and shareholders, and is a critical component of its successful growth strategy.
		Innovative and efficient, Dollar Thrifty is a leader in car rental Internet bookings and it also is a premier value player in the car rental industry.
		Dollar and Thrifty have over 1,600 corporate and franchised worldwide locations including over 800 in the United States and Canada.
	www.dtag.com (206 words)

	Urban Legends Reference Pages: Business (A Loon Way Home)
		Canada, like its American cousin, had long had a "silver" dollar, the dollar hadn't seen much use as a circulated coin in the latter part of the 20th century;
		One-dollar bills, however, are now impractical when viewed from a cost-benefit basis: they wear out, necessitating replacement far more frequently than dollar coins would.
		The loonie was created to replace the one-dollar bill, which was to be removed from circulation through attrition; worn-out dollar bills would continue to be destroyed, but no new stock of paper currency would take their place.
	www.snopes.com /business/money/loonie.asp (639 words)

	Bloomberg.com: Canada (Site not responding. Last check: 2007-10-08)
		Oil and the Canadian dollar have moved in the same direction about 87 percent of the time in the past six months, according to Bloomberg data.
		Canada's two-year government bond yield rose 5 basis points to 3.28 percent, the highest since April.
		Canada's 10-year bond yield is 34 basis points less than the comparable U.S. Treasuries and the two-year bond yield gap is 78 basis points.
	feeds.thecanadanews.net /?rid=bf471105b85cccb3&cat=71df8d33cd2a30df&f=1 (451 words)

	Decline of US dollar roils Canada's elite (Site not responding. Last check: 2007-10-08)
		But Canada’s economy is especially sensitive to fluctuations in the value of the US dollar.
		Canada’s business press is full of warnings that the surge in the Canadian dollar’s value is pricing Canadian exports out of the US market and will force a new round of plant closures and corporate restructuring.
		The dollar’s depreciation was not even mentioned in the communiqué issued at the end of last weekend’s meeting of the G-8 Finance Ministers.
	www.wsws.org /articles/2003/may2003/cdlr-m22.shtml (743 words)

	Canada: plummeting dollar producing policy split (Site not responding. Last check: 2007-10-08)
		Others support the government's apparent indifference to the dollar crisis, contending it would be folly for Canada to raise interest rates at a time when a slew of economic indicators show that the economy is slowing.
		Finance Minister Paul Martin, who has refused to comment on the dollar's plight on the grounds that his remarks might be "misinterpreted," reaffirmed his belief that the crisis would soon blow over when he met with reporters Tuesday.
		The dollar crisis and the slowing of the Canadian economy have come as a shock to Martin and the Liberals, who for the past year have been claiming that after a decade of wrenching economic change Canada has entered a new period of steady economic growth.
	www.wsws.org /news/1998/aug1998/can-a1.shtml (630 words)

	Ward's Auto World: Canada and its automakers: a case of growing interdependence (Site not responding. Last check: 2007-10-08)
		TORONTO--Convinced Canada's dollar will be outmuscled indefinitely by U.S. currency -- and that America's northern neighbor will keep overseas imports at bay -- three automakers in a single recent 4-week span announce nearly $2 billion in new manufacturing investment in the commonwealth.
		Seeking a cure, Canada looks to its auto industry, where employment almost has bounced back to its 1979 peak, as a keystone to economic stability and growth and the most likely source of the new jobs needed to avoid a permanent decline in living standards.
		The dollar disparity isn't the only reason for the labor-cost gap; Canada's government subsidizes some major fringe benefits, such as health insurance and pensions, that automakers must fund independently in the U.S. Beyond the "apparently permanent" dollar gap that "no question helps sell exports," as Chrysler's Mr.
	www.findarticles.com /p/articles/mi_m3165/is_v20/ai_3376151 (1418 words)

	The Canada News.Net (Site not responding. Last check: 2007-10-08)
		Canada is home to one of the world's largest networks of national parks and protected areas.
		Canada have called up their foreign legion for their one-off Test match against France this Saturday in the western city of Nantes.
		The Canada News.Net is part of an international network of news sites, dedicated to the major regions, countries and cities of the world.
	www.thecanadanews.net (848 words)

	Bloomberg.com: Asia (Site not responding. Last check: 2007-10-08)
		Canada's dollar has appreciated by almost a third in the past three years amid record prices for commodities the country exports such as oil, wheat and copper, and a drop in the U.S. dollar against most major currencies.
		The Bank of Canada kept its target rate at 2.5 percent on at its March 1 meeting and suggested it would raise the rate at a slower pace than last year.
		Canada's economy cooled to a 1.7 percent annual rate of growth in the 2004 fourth quarter, the slowest in more than a year, as the stronger currency reduced exports.
	quote.bloomberg.com /apps/news?pid=10000080&sid=al9HpnIUPkGk (848 words)

	Globeinvestor.com: Canada Dollar Soars As Greenback Sags, Bonds Fall
		But others pointed out the Canadian dollar was making up for its weak performance in recent sessions, while the greenback has suffered from worries over the size of the U.S. current account deficit.
		The U.S. dollar has been a steady sell since last week's jobs data, and concerns that U.S. trade data could miss the mark when it's released on Friday have accelerated the decline, allowing the loonie to rise 2 percent in two days.
		But the gains have been steeper in Canada, where the Canadian dollar's sharp 2003-2004 has taken much of the steam from the economy.
	www.globeinvestor.com /servlet/ArticleNews/story/ROC/20050309/2005-03-09T224611Z_01_N09300379_RTRIDST_0_BUSINESS-MARKETS-CANADA-DOLLAR-BONDS-COL (840 words)

	Canadian Silver Coins 1858-1968
		A series of laws enacted during the 1850s established a monetary unit for the Province of Canada which was based on the gold dollar of the United States of America.
		A simplified version of Canada’s coat of arms was selected for the reverse of the half dollar, and this was prepared by George Kruger-Gray.
		The reverse types of George VI continued into this reign, though the reverse of the half dollar was revised in 1959 to display the complete Canadian arms.
	www.coinsite.com /content/Articles/CanadaSilver.asp (1053 words)

	Globeinvestor.com: Canada Dollar Flat, Bonds Sag As Rate Hike Seen
		The Canadian dollar weakened early in the session but then steadily clawed back up after the U.S. Labor Department said nonfarm payrolls rose 144,000 in August, almost matching analysts' forecasts of 150,000.
		Canada's overnight rate is currently 50 basis points above the equivalent Fed funds rate, having narrowed slightly since the U.S. central bank began its tightening campaign in June.
		With Canada just at the beginning of such a phase, this should benefit the Canadian dollar, he added.
	www.globeinvestor.com /servlet/ArticleNews/story/ROC/20040903/2004-09-03T210333Z_01_N03498655_RTRIDST_0_BUSINESS-MARKETS-CANADA-DOLLAR-BONDS-COL (876 words)

	Dollar bill - Wikipedia, the free encyclopedia
		A dollar bill can be of various kinds of currency:
		Others countries' dollars are listed at Dollar, along with the history of its use in this context, as well as other uses for the word..
		This is a disambiguation page, a list of pages that otherwise might share the same title.
	en.wikipedia.org /wiki/Dollar_bill (102 words)

	Canadian Coins - Page 1 (Site not responding. Last check: 2007-10-08)
		After years of parliamentary wrangling, Canada decided to issue a silver dollar coin in 1935 to commemorate the 25th anniversary of the accession of King George V, alas, one year before his death.
		These silver dollars were issued each year, until the 'loonie' was introduced in 1987.
		These silver dollar coin are impossible to find in circulation, as most silver coins are now in collections.
	www.members.shaw.ca /kcic3/coins.html (586 words)

	Plastics News - Special reports
		A stronger Canadian dollar and high resin and energy costs restricted growth last year and will continue to be challenges in 2005.
		Canada’s economy will grow about 3.2 percent in 2005, according to the Conference Board of Canada.
		Despite the strong dollar and difficult business conditions, Canada’s manufacturers are upbeat about their prospects in 2005, according to a survey by the Canadian Manufacturers and Exporters Association.
	www.plasticsnews.com /subscriber/features2.phtml?id=1105382337 (526 words)

	The New York Times > Business > World Business > Canada's Dollar Is Up a Lot. That's Also the Bad ... (Site not responding. Last check: 2007-10-08)
		While a stronger Canadian dollar benefits people and companies here by lowering the cost of imports and foreign travel, the loonie's rise is causing mostly anxiety in a country heavily dependent on exports.
		Because Canada is a net energy exporter, the surge in oil prices this year has been cited as one reason for the loonie's ascent.
		But Craig Wright, chief economist for the Royal Bank of Canada, is one of many analysts who contend that those factors are not the real engine behind the loonie's ascent.
	www.nytimes.com /2004/10/08/business/worldbusiness/08loonie.html?ei=5035&en=21c80130b583d4c5&ex=1183608000&adxnnl=1&partner=MARKETWATCH&adxnnlx=1109236002-znA/p/D/0zkgNKhokdOcZQ (860 words)

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