loonie

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The value of the loonie is being affected "more than anything else by U.S. dollar movement and commodity prices such as oil," said Som Seif, president and CEO of private financial services firm Claymore Investments Inc.

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  • Canada's dollar, known as the loonie, will decline to C$1. 27 against the U.S. currency by July, according to the median forecast of 37 analysts in a Bloomberg survey.
  • The currency -- dubbed the loonie because of the image of a common loon, a well-known Canadian bird, on the $1 coin -- fell as low as 1.0821 Canadian dollars against the greenback, or 92.41 U.S. cents, earlier in the day -- its lowest level since Aug. 16, 2007. —  Latest News - UPI.com
  • Joyce added that the earnings impact from the decline in energy and commodity prices is cushioned by the weakness in loonie, as the Canadian dollar is known because of the image of the bird on the one-dollar coin. —  Top Stories - Google News
  • Anyone at a Shoppers Drug Mart can buy a "leaf" for a loonie, a "maple leaf" for $5 dollars, or an "apple" for $50 dollars. 100\% of all funds raised will go to the Spirit of the North Healthcare Foundation. —  Opinion 250: News
  • You can help cultivate the harvest by visiting any participating Pharmaprix store on the West Island and purchasing a "leaf" for a loonie, a "maple leaf" for $5 or an "apple" for $50. —  The Chronicle
 

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Etymologies (1)

Toggle American Heritage etymologies American Heritage Dictionary (1)

  1. From the image of a loon on one side of the coin.
 

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