Canadian Prime Minister Justin Trudeau carries a toy bear during holiday campaign Dec. 14, 2015. The loonie’s 16 percent decline against the U.S. dollar over the past year marks its third straight annual decline. Diversifying away from resources now becomes a major challenge for the country’s new Liberal government, which Trudeau leads.
Canadian Prime Minister Justin Trudeau carries a toy bear during holiday campaign Dec. 14, 2015. The loonie’s 16 percent decline against the U.S. dollar over the past year marks its third straight annual decline. Diversifying away from resources now becomes a major challenge for the country’s new Liberal government, which Trudeau leads. Chris Young Associated Press
Canadian Prime Minister Justin Trudeau carries a toy bear during holiday campaign Dec. 14, 2015. The loonie’s 16 percent decline against the U.S. dollar over the past year marks its third straight annual decline. Diversifying away from resources now becomes a major challenge for the country’s new Liberal government, which Trudeau leads. Chris Young Associated Press

Canadian economy’s reliance on oil keeping loonie low

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