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22 Nov 2024

Will the Canadian dollar slip below 70 cents US?

Author: admintech | Filed under: Finance/ Money
A Canadian dollar coin, commonly called a "Loonie" and an American dollar bill are seen in this staged photo in Toronto, March 17, 2010

The Canadian dollar has slipped to its lowest level in five years. Outside of the depths of the COVID pandemic, the loonie is weaker than it’s been since 2015.