Why a Plunging Loonie in 2016 May Be Canada's Biggest Gift to Your Portfolio - The Motley Fool Canada

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Canada Forex Portal

DATE:
12/23/2015

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The link between the loonie and oil prices happens because oil is Canada's largest export, and Canada receives oil revenues in U.S. dollars. Currently, 15% of Canada's foreign exchange earnings comes from oil sales, and Canada exports 97% of its oil to

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http://www.fool.ca/2015/12/23/why-a-plunging-loonie-in-2016-may-be-canadas-...

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