The Looniness of the Canadian Loonie and Oil Sands

Business News

Our neighbors to the north are facing a harsh reality these days… the ongoing devaluation of the Canadian Dollar, or better known as the Loonie. While it’s hard to take the Loonie seriously given its loonie name, it’s a major concern for Canadians and their economy. Despite rebounding around 10% from its 2016 lows, the Loonie…