At the start of the pandemic’s reach into North America the Canadian dollar tumbled, but by the end of April 2021 the loonie had hit highs against the US dollar that it hadn’t seen for just over three years. Is all this strength leading us back to parity? On this episode of Market Points, Shaun Osborne, Managing Director and Chief Currency Strategist at Scotiabank, joins us to discuss the rise in the Canadian dollar and where we could be headed from here.
