(Bloomberg) -- The Canadian dollar slid to its lowest level since March 2020 as Prime Minister Justin Trudeau’s government slips into crisis after the shocking resignation of his finance minister. The currency extended its recent losses to slide another 0.4% on Tuesday past 1.43 per US dollar, the weakest level since the Covid-19 pandemic first shuttered cities. The loonie has been declining as the US’s northern neighbor’s economy lags and officials struggle to come up with a plan to respond to President-elect Donald Trump’s tariff threats.
https://www.bnnbloomberg.ca/investing/2024/12/17/canadas-dollar-slumps-to-covid-era-low-as-political-risk-mounts/
https://www.bnnbloomberg.ca/investing/2024/12/17/canadas-dollar-slumps-to-covid-era-low-as-political-risk-mounts/
(Bloomberg) -- The Canadian dollar slid to its lowest level since March 2020 as Prime Minister Justin Trudeau’s government slips into crisis after the shocking resignation of his finance minister. The currency extended its recent losses to slide another 0.4% on Tuesday past 1.43 per US dollar, the weakest level since the Covid-19 pandemic first shuttered cities. The loonie has been declining as the US’s northern neighbor’s economy lags and officials struggle to come up with a plan to respond to President-elect Donald Trump’s tariff threats.
https://www.bnnbloomberg.ca/investing/2024/12/17/canadas-dollar-slumps-to-covid-era-low-as-political-risk-mounts/
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