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Thursday, September 20, 2007

How high will the Canadian dollar go? - Nicolas Van Praet and Grant Surridge, Financial Post

TORONTO -- Now that the Canadian dollar has reached parity with the U.S. dollar, how much higher can it go?

The loonie hit parity with the U.S. dollar for the first time in 31 years on Thursday, capping a 62% rise from 2002 on the back of booming commodity prices and a deepening disenchantment with the greenback.

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