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Loonie rises above 99 cents
1.00 CAD = 0.999051 USD

Loonie

Thursday the loonie matched the US dollar and dropped back to 0.999051 USD 
The loonie started the year at just under 86 cents U.S. but has surged on a combination of high commodity prices, especially record high crude, the weak greenback and a strong Canadian economy.

In 1977, Pierre Trudeau was prime minister and Bill Davis was premier of Ontario when he loonie was at par with the US dollar.

It is expect that the loonie will reach par before the loonie with level out.

Scenes from the Northern Ontario Region
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