Loonie’s rollercoaster year a sign of the times in 2016
With the decline in oil prices, the falling loonie has had quite the year so far in 2016. In early 2016, the Canadian dollar hit the lowest it has been since 2003, when it closed at 71.02 cents US. As oil prices slowly began climbing, the Canadian dollar did too, reaching 77.55 cents US in JuneRead More
The Softwood Lumber Agreement expires in four days.
Here’s what you need to know
On October 12, the Canada-U.S. Softwood Lumber Agreement expires without a replacement. What does this mean for western Canadian softwood exporters? Managed trade with the U.S. is over On the plus side, the end of the SLA means Canadian softwood lumber exporters will no longer be subject to the SLA export charge that ranges fromRead More