Loonie strong to really strong
The Canadian dollar has recently enjoyed record highs, currently trading nearly on par with the US dollar. What does this mean for Canadians? It can influence whether they purchase domestic or foreign-made products, or whether they vacation abroad or in Canada. Although a strong Canadian dollar makes exports more expensive, it also brings the cost of living down, allowing Canadians to purchase imported goods at lower prices. No excuse not to eat your broccoli now.
Dear Johnson, The Canadian dollar coin is nicknamed “loonie”, because of the loon represented on it, a loon being a web-footed diving bird that is indigenous to North America. You can see them in many of Canada’s fresh water lakes. However, as you probably know, the word “loon” can also mean a crazy or simple-minded person. So if somebody tells you that Canada is full of loons, um, try to think of the bird. Eh.
why do they call it a Loonie ????? strange name for a dollar
J