Who Wins (and Who Loses) When the Canadian Dollar Slides? [Yahoo! Finance Canada]
Suncor Energy Inc. (SU)
Last suncor energy inc. earnings: 2/5 07:15 pm
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Source: Yahoo! Finance Canada
When the dollar drops, it has a different impact on parts of the economy. In short, some fare better than others when the Canadian dollar slides. Importers, retailers, energy producers, and even consumers see an impact when the loonie flies a little lower. Big picture: Loonie down … who benefits? When the Canadian dollar slides, it makes goods and services in Canada cheaper in foreign currency. This means that exports, tourism, and companies that report out in U.S. dollars (but still pay the bills in Canadian dollars) will notice an improvement. Conversely, anything that is imported to Canada, such as consumer products, machinery, tech and even food, suddenly becomes more expensive. This often doesn't go well for retail stocks Investors see this as well. Foreign stocks and exchange-traded funds get a boost. Similarly, U.S. dollar assets become more expensive. Companies that are dependent on imports feel the pressure, particularly if they can't adjust prices (or cover the
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Earnings
- 11/4/25 - Beat
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Sec Filings
- 11/7/25 - Form 6-K
- 11/5/25 - Form 6-K
- 11/4/25 - Form 6-K
- SU's page on the SEC website