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Canadian Dollar news

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Great Canadian Dollar suing ex-franchisee
A national discount retailer is suing a former Eastern Passage franchisee for alleged breach of contract for opening a similar dollar store nearby this spring.
Video: Is the Canadian dollar becoming a safe haven currency?
BNN previews the Bank of Canada's rate decision and finds out if the Canadian dollar is becoming a global safe haven for central banks with Camilla Sutton, chief currency strategist, Scotia Capital.
Conquering Canada, one dollar at a time
How did a Canadian chain conquer the market when so many others are floundering? By sticking to the basics, differentiating itself from other dollar retailers and aggressively expanding its retail footprint even while competition moves in from the south.
For the First Time, Canadians Now Richer Than Americans
And not just by a little. Currently, the average Canadian household is more than $40,000 richer than the average American household.
The Average Canadian is Now Richer than the Average American  TIME
Hardheaded socialism makes Canada richer than US (subscription)
Canada dollar flat vs US dollar; market awaits central bank
TORONTO (Reuters) - Canada's dollar was little changed against its U.S. counterpart on Monday, but hit a record high versus the euro amid mixed North American economic data and as investors awaited comments from the Bank of Canada.
Carney warns falling oil price could grease economy's slide  Globe and Mail
Bank of Canada interest rate statement: July 17, 2012  Financial Post
Canadians Get Heat on Bills Said to Melt
TORONTO—Bank of Canada officials have deployed to defend the Canadian dollar. Not against speculators, but from a sudden firestorm of criticism about the durability of their latest bank notes.
Canada's New Money Melting  Newser
Do these photos prove Canada's new plastic money can't handle the heat?  National Post
2012 Lucky Loonie: Royal Canadian Mint Honours Olympic Athletes With New Coin
CALGARY - The Royal Canadian Mint has issued its latest commemorative circulation coin, the 2012 Lucky Loonie. The coin was unveiled Thursday at Canada's Sports Hall of Fame in Calgary. It will serve as a good luck charm for Canadian athletes ...
Foreigners can't get enough of Canadian securities
He also pointed out that Canada's safe-haven status and the resulting inflows explain why the loonie depreciated less than expected (about 6%) despite a sharp decline in commodity prices in May.
Managing currency risk
Within Canada, hedging beliefs tend to follow the path set by the rest of the world, which is to say, there is no clear direction on how to hedge the currency exposure of foreign equity portfolios.
Get ready for gold bullion's season of strength
The ETF is backed by physical gold bullion. Units are hedged against U.S. dollar risk. Management Expense Ratio is 0.50 per cent.