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The Canadian dollar (sign: $; code: CAD) is the currency of Canada. It is normally abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. As of 2007, the Canadian dollar was the 7th most traded currency in the world.

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Blogs for Canadian Dollar

Canadian Dollars Blog

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Canadian Dollar | Forex Blog

Canadian Dollar. Central Banks. Chinese Yuan (RMB) Commentary. Economic Indicators ... Despite an ebb in risk aversion, the Canadian Dollar is once again falling. ...www.forexblog.org/canadian_dollar/index.html

Canadian Dollar — Blogs, Pictures, and more on WordPress

Regina Canadian Dollar Coin Proof — 1 comment ... sweens wrote 1 month ago: The Canadian dollar fell to an all time low since 2004 ...en.wordpress.com/tag/canadian-dollar/

Million Dollar Journey - Building Wealth through Saving and Investing

The Making of a Millionaire - A Canadian Personal Finance Blog. ... articles posted on this Canadian Personal Finance Blog are the opinion of the ...www.milliondollarjourney.com/

Canadian Dollar Approaches Parity | Forex Blog

Canadian Dollar. Central Banks. Chinese Yuan (RMB) Commentary. Economic Indicators ... run-up against the USD, the Canadian Dollar has been relatively quiet of late, ...www.forexblog.org/2007/05/canadian_dollar.html

Wikipedia About Canadian Dollar

The Canadian dollar (sign: $; code: CAD) is the currency of Canada. It is normally abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. As of 2007, the Canadian dollar was the 7th most traded currency in the world.

History

main: History of Canadian currency

Gold dollar

In 1841, the new Province of Canada declared that its pound was equal to one-tenth the gold Eagle coin which was 10 U.S. dollar and was worth 5 s. (5 shillings) in local currency. The silver Spanish dollars were rated at 5 s. 1 d. and the British sovereign was rated at £1 4 s. 4 d., the proper value due to its gold content compared to that of the gold U.S. dollar.

Independent Canadian dollar

The Province of Canada declared that all accounts would be kept in dollars and cents as of January 1, 1858, and ordered the issue of the first official Canadian coins in the same year. The dollar was pegged at par with the U.S. dollar, on a gold standard of $1 = of gold.

The colonies that came together in the Canadian Confederation progressively adopted a decimal system over the next few years. New Brunswick, British Columbia and Prince Edward Island adopted dollars equivalent to the Canadian dollar (see New Brunswick dollar, British Columbia dollar and Prince Edward Island dollar). However, Nova Scotia and Newfoundland did not adopt the same dollar (see Nova Scotian dollar and Newfoundland dollar). Nova Scotia retained its own currency until 1871, but Newfoundland issued its own currency until joining Confederation in 1949, although the value of the Newfoundland dollar was adjusted in 1895 to make it equal to the Canadian dollar.

The federal Parliament passed the Uniform Currency Act in April 1871, tying up loose ends as to the currencies of the various provinces and replacing them with a common Canadian dollar. The gold standard was temporarily abandoned during the First World War and definitively abolished on April 10, 1933. At the outbreak of the Second World War, the exchange rate to the U.S. dollar was fixed at 1.1 Canadian dollars = 1 U.S. dollar. This was changed to parity in 1946. In 1949, sterling was devalued and Canada followed, returning to a peg of 1.1 Canadian dollars = 1 U.S. dollar. However, Canada allowed its dollar to float in 1950, only returning to a fixed exchange rate in 1962, when the dollar was pegged at 1 Canadian dollar = 0.925 U.S. dollar. This peg lasted until 1970, after which the currency's value has floated.

Terminology

Canadian English, like American English, uses the slang term "buck" for a dollar. Because of the appearance of the common loon on the back of the dollar coin that replaced the dollar bill in 1987, the word "loonie" was adopted in Canadian parlance to distinguish the Canadian dollar coin from the dollar bill. When the two-dollar coin was introduced in 1996, the derivative word "toonie" became the common word for it in Canadian English slang.

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CBC News In Depth: What's behind the soaring Canadian dollar?

The Canadian dollar is constantly being measured against its U.S. counterpart ... Cheaper U.S. dollars also provide Canadian companies with an opportunity to ...www.cbc.ca/news/background/dollar_cdn/

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News about Canadian Dollar

Canadian Dollar Soars To New Multi-month Highs Against Greenback And Yen

INO News(RTTNews) - Friday, the Canadian dollar spiked up against its US and Japanese counterparts. As of now, the loonie is trading at new multi-month highs of 1.1617 against the greenback and 85.65 against the yen, compared to yesterday's close of 1.1698 and 84.85, respectively.http://news.ino.com/headlines/?newsid=50820090291

Canadian dollar closed at 85.29 cents US, down 0.49 of a cent

Canadian BusinessTORONTO - The Canadian dollar closed at 85.29 cents US, down 0.49 of a cent on Thursday.The U.S. dollar stood at 117.25 cents Canadian, uphttp://www.canadianbusiness.com/markets/headline_news/articl...

Canadian Dollar Weakens Further Against Most Majors

INO News(RTTNews) - Extending previous session's downtrend, the Canadian dollar declined further against most of its major counterparts during New York mid-day deals on Thursday. As of now, the loonie is trading near 1.1750 against the US dollar, 1.5704 versus the euro and 84.31 against the yen.http://news.ino.com/headlines/?newsid=50720091739

Canadian dollar is trading at 85.42 cents US, down 0.36 of a cent at 11 a.m. ET

Canadian BusinessTORONTO - The Canadian dollar traded at 85.42 cents US, down 0.36 of a cent on Thursday. The U.S. dollar was trading at C$1.1707 up 0.49 of ahttp://www.canadianbusiness.com/markets/headline_news/articl...

Canadian dollar opens at 85.61 cents US, down 0.17 of a cent

Canadian BusinessTORONTO - The Canadian dollar opened at 85.61 cents US this morning, down 0.17 of a cent from Wednesday's close. The U.S. dollar stood athttp://www.canadianbusiness.com/markets/headline_news/articl...

News about Canadian Dollar

Economists ponder if another week of gains could be in store for stock ...

News1130.comIt was a week of milestones with the TSX closing above the 10,000-point mark for the first time in six months and the Canadian dollar touched its highest close since Oct. 9, at 86.98 cents US. Investors have found their optimism on both sides of the ... http://www.news1130.com/news/business/more.jsp?content=b0732...

Yen Falls as Speculation Global Slump Easing Spurs Yield Demand

BloombergThe Dollar Index, used by the ICE to track the greenback against the euro, yen, pound, Canadian dollar, Swiss franc and Swedish krona, declined to 84.179 from 84.546 on May 1. To contact the reporter on this story: Ron Harui in Singapore at ... http://www.bloomberg.com/apps/news?pid=20601087&sid=aTIx58OI...

US Dollar, Japanese Yen Lose Ground in Quiet Day of Trading

FXStreet.comAustralian Dollar Could Continue Rally Next Week, Canadian Dollar to See Key Employment Data US Dollar, Japanese Yen Lose Ground in Quiet Day of Trading The US dollar and Japanese yen lost ground during a quiet day of trading on Friday as European ... http://www.fxstreet.com/technical/market-view/trading-news-c...

Australian Dollar Rally Could Continue Post-RBA Rate Decision

DailyFxWave Structures Updated May 04 - Dollar, Stocks And Risk Appetite Reaction To Fed's Stress Test May Not Be Straightforward Apr 30 - FX Market Price Action Remains Choppy, US Dollar Faces ISM Manufacturing on Friday (Forex Video) Apr 30 - Canadian Dollar ... http://www.dailyfx.com/story/special_report/special_reports/...

Euro, British Pound, Australian Dollar All to Face Rate Decisions ...

DailyFxSince the employment change tends to be a very volatile release, this should have the greater impact on the Canadian dollar , with a sharper than expected drop likely to weigh on the currency and an unexpected positive result likely to push it higher. ... http://www.dailyfx.com/story/bio1/Euro__British_Pound__Austr...

Search results for Canadian Dollar

Canadian Dollar | Forex Blog

Today, the Bank of Canada followed up on an earlier promise by formally clarifying its position on quantitative easing. Suffice to say that the markets breathed a huge sigh of ... http://www.forexblog.org/category/canadian-dollar/

Canadian dollar: Information from Answers.com

Note: click on a word meaning below to see its connections and related words. The noun Canadian dollar has one meaning: Meaning #1 : the basic unit ofhttp://www.answers.com/topic/canadian-dollar

Canadian silver dollar - Wikipedia, the free encyclopedia

The Royal Canadian Mint issued the first silver dollar in 1935. It is meant to commemorate the Silver Jubilee of His Majesty King George V. The coin’s reverse design is sculpted ... http://en.wikipedia.org/wiki/Canadian_silver_dollar

Canadian Dollar | CAD | Canadian Dollar Exchange Rate

Canadian dollar currency trading news and forex market analysis.http://www.dailyfx.com/currency-rooms/cad-canadian-dollar.ht...

Canadian Dollar Falls From Six-Month High as Stocks, Oil Slide

May 5 (Bloomberg) -- Canada’s currency weakened for the first time in six days, dropping from the highest level since November, as stocks and crude oil declined. “Oil off ... http://www.bloomberg.com/apps/news?pid=20601082&sid=aqDHps1d...

Wikipedia results for Canadian Dollar

Canadian dollar - Wikipedia, the free encyclopedia

The Canadian dollar (sign: $; code: CAD) is the currency of Canada. It is normally abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated ... http://en.wikipedia.org/wiki/Canadian_dollar

Canadian silver dollar - Wikipedia, the free encyclopedia

The Royal Canadian Mint issued the first silver dollar in 1935. It is meant to commemorate the Silver Jubilee of His Majesty King George V. The coin’s reverse design is sculpted ... http://en.wikipedia.org/wiki/Canadian_silver_dollar

Canadian 1 dollar coin - Wikipedia, the free encyclopedia

The Canadian 1 dollar coin (commonly called Loonie) is a gold-coloured, bronze-plated, one-dollar coin introduced in 1987. It bears images of a common loon, a well-known Canadian ... http://en.wikipedia.org/wiki/Canadian_1_dollar_coin

Canadian twenty-dollar bill - Wikipedia, the free encyclopedia

The Canadian $20 bill is the most common banknote of the Canadian dollar; it is the main banknote dispensed from Canadian automatic banking machines (ABM).http://en.wikipedia.org/wiki/Canadian_twenty-dollar_bill

Canadian five-dollar bill - Wikipedia, the free encyclopedia

The Canadian five-dollar bill is currently the lowest denomination banknote issued by the Bank of Canada. The current five-dollar bill is dominantly blue in colour.http://en.wikipedia.org/wiki/Canadian_five_dollar_bill
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Answers for Canadian Dollar

aspar.tamecanadian dollar?aspar.tameGenerally given the subprime problems in US, possibility of US recession looms, USD looks to be soft unless some stunning/exceptional good news. Though there might be some corrections down the road, ...Amanda LHow does the Canadian dollar affect interest rates?Amanda LThe dollar does not affect the interest rate. What the problem is, is the parity dollar, it makes exporting companies less competitive so the Canadian gov't would really like a lower dollar. But...d_way07What exactly does the strong Canadian dollar mean for the CND economy and more importantly, Canadian people?d_way07So it means a couple of things. Lower inflation in Canada, good for consumers. More money to save and invest. But if you work in the export business, it could mean trouble. The US is the top buyer o...sico_PEWhat will happen with the canadian dollar in the future?sico_PEIt will merge with US money. Mexican money. And they will name It AMERO! Think I spelled It rite.chicita_travelsWill the Canadian dollar continue to fall or will it rise again?chicita_travelsbuy now, the Can$ is only high b/c of loss of value in the US$ but it will soon recover, the Canadian govt wants to lower interest rates to push down the Can$ value b/c it's hurting mfg..
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