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1. Videos

   • 

     14:03

     youtube.com

     Why oil prices may have further to fall

     Sep 6, 2024

     25.7K Views

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     4:22

     youtube.com

     Why the price of unleaded petrol will keep falling in the coming weeks | The Business | ABC News

     Sep 17, 2024

     61.8K Views

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     10:16

     youtube.com

     Working on Canada's oil rigs| Up Close

     Feb 2, 2015

     268.2K Views

   • 

     0:32

     globalnews.ca

     Trans Mountain startup will boost Canadian oil production to all-time high: Deloitte

     Aug 1, 2024

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     2:07

     youtube.com

     Canada to increase oil production to offset reliance on Russia

     Mar 24, 2022

     66.4K Views

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     6:37

     youtube.com

     US rate hold good for the Canadian dollar

     Jun 16, 2023

     12.7K Views

   • 

     edmonton.ctvnews.ca

     Alberta government expecting a boost in its 2024-25 surplus largely due to oil prices

     Aug 29, 2024

   • 

     2:29

     cbc.ca

     What’s fuelling record-high gas prices in Canada?

     Jun 8, 2022

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     9:27

     youtube.com

     Canada’s $30BN Gamble To Become An Energy Superpower

     Jul 19, 2023

     1.7M Views

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2. www.youtube.com › watchThe Canadian Dollar's Struggle Amid Oil ... - YouTube

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   The Canadian dollar has hit a rough patch against the U.S. dollar, following 12 straight days of declines. What's behind this slide?

   • Video Duration: 2 min
   • Views: 140

   • Author: CME Group

3. www.youtube.com › watchWhy Do Oil Prices Have Such A Big Impact On The Canadian ...

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   Why Do Oil Prices Have Such A Big Impact On The Canadian Dollar? Financial Source. 28.1K subscribers. Subscribed. 13. 608 views 4 years ago. Try out a Professional Economic News Calendar:...

   • Video Duration: 3 min
   • Views: 616

   • Author: Financial Source

4. globalnews.ca › news › 8666316Canadian dollar no longer rising with oil prices, adding to ...

   globalnews.ca › news › 8666316

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   Mar 8, 2022 · The Canadian dollar is no longer growing at a pace tied to oil prices, exacerbating pains at the pumps and putting more pressure on the Bank of Canada to tame inflation.

   • Video Duration: 2 min

   • Author: Fergal Smith

5. www.youtube.com › UCi7Zk9baY1tvdlgxIML8MXg › videosCTV News - YouTube

   www.youtube.com › UCi7Zk9baY1tvdlgxIML8MXg › videos

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   CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.

6. www.reuters.com › markets › currenciesCanadian dollar falls to nearly 3-week low as oil prices slide

   www.reuters.com › markets › currencies

   Sep 10, 2024 · The Canadian dollar weakened against its U.S. counterpart on Tuesday as oil prices fell and the Bank of Canada said global trade disruptions could make it harder for the central bank to...

7. www.fxstreet.com › news › canadian-dollar-reboundsCanadian Dollar broadly higher on Friday, catches a ride on ...

   www.fxstreet.com › news › canadian-dollar-rebounds

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   Jan 19, 2024 · The Canadian Dollar (CAD) rose on Friday, bolstered by a late-week climb in Crude Oil bids as CAD traders shrugged off headwinds for the time being.

8. People also ask

   Is oil driving the Canadian dollar?

   • “Oil isn’t the driver (of the Canadian dollar) it once was,” Button said. The Canadian dollar is no longer growing at a pace tied to oil prices, exacerbating pains at the pumps and putting more pressure on the Bank of Canada to tame inflation.

   Canadian dollar no longer rising with oil prices, adding to inflation

   globalnews.ca/news/8666316/canadian-dollar-oil-prices-inflation/

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   What happened to the Canadian dollar and oil prices?

   • For years, it was a rock-solid relationship: When oil prices would climb, the Canadian dollar would get a lift, too. But that bond has broken down. Oil prices rallied this week to seven-year highs, partly because producers are showing restraint in ramping up output.

   Why oil and the Canadian loonie are breaking up

   www.theglobeandmail.com/business/article-you-can-go-your-own-way-why-oil-and-the-loonie-are-breaking-up/

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   Is there a connection between the Canadian dollar and oil?

   • It is currently at about 1.28. Meanwhile, the 3-month rolling correlation between the Canadian dollar and oil has fallen to 0.3 from 0.9 in December, according to Refinitiv Eikon data, moving closer to the zero threshold that would indicate no connection.

   Canadian dollar no longer rising with oil prices, adding to inflation

   globalnews.ca/news/8666316/canadian-dollar-oil-prices-inflation/

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   Could a stronger Canadian currency ease inflation pressures?

   • The normal tight relationship between the Canadian dollar and oil has typically meant the central bank could rely on a stronger currency to ease inflation pressures brought on by higher energy prices. Gains for the loonie would reduce the cost of Canada’s imports.

   Canadian dollar no longer rising with oil prices, adding to inflation

   globalnews.ca/news/8666316/canadian-dollar-oil-prices-inflation/

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9. www.reuters.com › markets › currenciesCanadian dollar extends losing streak as oil prices slide

   www.reuters.com › markets › currencies

   Jul 23, 2024 · Canadian dollar weakens 0.2% against the greenback; Touches its weakest level since June 14 at 1.3775; Price of U.S. oil falls to six-week low; Canadian bond yields ease across the curve