Canada

Canadian Dollar’s Quiet Strength Surprising but Problematic, Say Analysts

The Canadian dollar has been on a steady climb since the end of 2016, while the price of oil is little changed. (The Canadian Press/Jonathan Hayward)
The Canadian dollar has been on a steady climb since the end of 2016, while the price of oil is little changed. (The Canadian Press/Jonathan Hayward)

The Canadian dollar appears to be a boring currency, but its recent strength is a bit surprising and worrisome for economic growth, analysts say. Since...




  • (L-R) European Council President Donald Tusk, Prime Minister Justin Trudeau, and European Commission President Jean-Claude Juncker, greet each other as they arrive for an EU-Canada summit to sign the Comprehensive Economic and Trade Agreement in Brussels on Oct. 30, 2016. The European Parliament has approved the deal, but it still has to be ratified by Canada and various European parliaments. (AP Photo/Olivier Matthys)

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  • Dr. Minnan Liu of the Falun Dafa Association of Edmonton gives a presentation after the screening of the “Human Harvest” documentary at the University of Alberta on Feb. 3, 2017. (Epoch Times)

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  • Workers cross the street near Disney Hall in downtown Los Angeles on Oct. 28, 2016. Business immigration lawyer Joseph Grasmick believes there is little for Canadian professionals in the United States to worry about in regards to their TN status if NAFTA is repealed. (AP Photo/Nick Ut)

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  • CRTC chairman Jean-Pierre Blais delivers a statement in Gatineau, Que. on May 5, 2015. Some cellphone companies are either passively or actively violating Canada's wireless code of conduct and the rules need to be tightened and enforced, consumer groups say. (The Canadian Press/Adrian Wyld)

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  • Canada's Denis ShapCanada's Denis Shapovalov returns the ball during first-round Davis Cup World Group tennis action against Great Britain's Kyle Edmund on Feb. 5, 2017 in Ottawa. (The Canadian Press/Justin Tang)ovalov returns the ball during first round Davis Cup tennis action against Great Britain's Kyle Edmund, Sunday, Feb. 5, 2017 in Ottawa. (THE CANADIAN PRESS/Justin Tang)

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  • The Heart and Stroke Foundation is calling for the elimination of marketing of all food and beverage products to children and youth under age 17, saying that high-volume promotional tactics are setting up young people for obesity and lifelong health problems. (AP Photo/Paul Sakuma)

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  • Quebec Premier Philippe Couillard speaks to reporters as Quebec City Mayor Regis Labeaume looks on at a news conference in Quebec City on Jan. 30, 2017. (The Canadian Press/Jacques Boissinot)

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  • Newly arrived Syrian refugees at the Armenian Community Centre in Toronto on Dec. 16, 2015. Almost half the country's population could be an immigrant or the child of an immigrant within the next 20 years, according to a new Statistics Canada survey.  (The Canadian Press/Nathan Denette)

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  • Prime Minister Justin Trudeau arrives at a Liberal cabinet retreat in Calgary on Jan. 24, 2017. Trudeau said after the retreat that if Keystone XL goes ahead it would benefit the Canadian economy. (The Canadian Press/Jeff McIntosh)

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  • A woman places a support banner with flowers outside Comet Ping Pong in Washington on Dec. 5, 2016. A fake news story prompted a man to fire an assault rifle inside the popular pizza shop the previous day. (AP Photo/Jose Luis Magana)

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  • Mexican President Carlos Salinas de Gortari (L), greets Canadian Prime Minister Brian Mulroney (R) and U.S. President George Bush on Oct. 7, 1992 in San Antonio, Texas. The then-leaders met to initial the North American Free Trade Agreement, which faces renegotiation under the Trump administration. (AP Photo/Marcy Nighswander)

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