Tag Archives: Loonie

A weak Canadian dollar is being blamed as a key culprit behind sticky inflation at the grocery store, a trend one expert says he expects to persist heading into the holidays. While overall inflation has moderated in recent months, settling back at the Bank of Canada’s two per cent target …

Canadians may have noticed the value of their dollar dwindling ever since the Bank of Canada’s latest interest rate cut last week. But it’s a decision from the U.S. Federal Reserve coming up this week that could have more of a say in whether the loonie holds pat for the …