Highlights / loonie

Politics, Society

New gay rights coin divides Canadians

Plans by the federal government to mint a new dollar coin designed to commemorate 50 years of homosexual rights in Canada have sparked a backlash both from proponents of LGBTQ rights and social conservative groups, CBC News reports. The new» 

Economy, Society

Canada’s “loonie” turns 30 today

Not loved at first, now iconic In 1986, the Canadian government announced it would be introducing a new one dollar coin the following year. This was proposed as a cost saving measure to replace the one dollar banknote. Lucky loonie» 

Economy

Loonie to dive in relation to US dollar in 2017

The Canadian dollar, which is trading at around 74 cents US right now, could sink as low as 70 cents US in the first half of 2017, according to a report in The Globe and Mail. The Toronto-based newspaper says» 

Economy, Politics, Society

History: June 30,1987: Introducing the ‘loonie’

In 1986, the Canadian government announced it would be introducing a new one dollar coin the following year. This was proposed as a cost saving measure to replace the one dollar banknote.  It was argued that banknotes lasted only a»