CBC.ca | Canadian dollar below 85 cents US as oil price flirts with $50 CBC.ca The Canadian dollar was lower early today, dragged below the 85 cent US level because of continuing weakness in the price of oil, which was threatening to dip below $50 US a barrel for the first time since 2009. The loonie dropped to its lowest point ... Canada's Dollar Touches Weakest Since 2009 on Crude-Oil Slump Loonie dips again amid declining oil prices US Futures Slip Under Weight of Sliding Oil Prices |