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...

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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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