Canadian Dollar Falls Below 70 US Cents for First Time in Nearly 5 Years

Canadian Dollar Falls Below 70 US Cents for First Time in Nearly 5 Years
Canadian dollar coins are pictured in a file photo. Jonathan Hayward/The Canadian Press
|Updated:
0:00

The Canadian dollar dropped below 70 cents U.S. for the first time in about four and a half years and only the fourth time in the past 30 years, after a tumultuous week in politics.

The loonie reached a low of US$0.69 on Dec. 17, according to Bank of Canada data.