Low loonie a double-edged sword for Islanders and some P.E.I. businesses

The Canadian dollar's taken a huge dip against the U.S. equivalent since September, which could help Island exporters and the tourism sector...
20 hours ago
from: CBC

Canada, Canadian Dollar, Loonie, Prince Edward Island

More about this

- Low loonie a double-edged sword for Islanders and some P.E.I. businesses
The Canadian dollar's taken a huge dip against the U.S. equivalent since September, which could help Island exporters and the tourism sector...
from: MSN

- Weak loonie is good for some exporters on P.E.I., bad for Islanders travelling south of the border
The free-falling Canadian dollar may send shivers through snowbirds heading south this winter, but it's good news for some exporters on...
from: CBC

- Who Benefits from a Low Loonie?
A lower dollar is bad news for consumers and for large parts of the economy… but some sectors do benefit from a weak Loonie. Alook at what a...
from: TVO

- Faced with a weaker loonie, snowbirds are weathering the economic headwinds. Here’s how
The Canadian dollar dropped about 4 per cent against the greenback in recent months, pushing up prices for everything from food to rent.
from: The Globe and Mail