Hotels in Bellingham may be impacted by the weak
loonie as shoppers take advantage of low gas prices and avoid overnight trips.
Readers will recognize this as the proverbial Dutch Disease--the global demand for energy drives up Canadian energy prices and export volumes, which in turn serves to appreciate the
loonie and devastate the export potential of the Canadian manufacturing sector.
So when the
loonie drops, people pay more at the pumps.
Loonie doesn't have to address his bashers on social media.
One, the Fed exit from QE could coincide with the Bank of Canada rate hike, a tailwind for the
loonie. Two, a Fed exit from QE will coincide with US GDP growth spike, as the Bernanke Fed needs a jobless rate decline down to 6.5%.
From the moment he arrived on campus,
Loonie was an impressive frontcourt presence for the Engineers, who went 62-37 during his four seasons.
Amazing Grace: The Sequel would allow us to truly imagine how lives can be transformed in aboriginal communities across Canada, one
loonie at a time and one person at a time.
A
loonie is a hendecagon, meaning that it is an 11-sided polygon.
Experts who track the exchange rate with Canada have said for years that the
loonie was undervalued.
Strong economic growth, particularly in the mineral sector, and an anticipated rise in interest rates may result in the
loonie matching the American greenback by the end of this year, according to Lakehead University economist Livio Di Matteo.
Richard Gwyn wrote in The Toronto Star at the time that giving up the
loonie "would entail a massive surrender of national sovereignty, such as giving up any say in our interest rates.
Since last October, a
loonie pot jackpot has grown to reach almost $500,000.
And the symbolism of separatism, as manifest in the wonderfully colorful posters for the "Oui" side of the current referendum campaign, is no longer revolution, but peace symbols, daisies, and a
loonie. Militant figures such as Paul Rose are still active in the campaign, but most "Oui" spokespersons have been careful to maintain a polite distance from the images and the rhetoric of the FLQ.
One obstacle is the presence of deep discounters eager to increase their market share since the
loonie, as the currency is commonly known, began to tumble in value last year.
