CBC.ca | Canadian dollar sinks to 73.5 cents US as oil swoon continues CBC.ca Crude oil prices have sold off sharply the past two days after OPEC effectively said over the weekend that it would no longer limit the amount of oil it was willing to sell on the market. In effect, that says the oil cartel is prepared for a race to ... Canadian dollar takes 'decent dive' amid oil rout, heads toward 73¢ As oil falls, so does the loonie and travellers reconsider their holiday plans TSX tanks, loonie drops to 11-year low as oil crashes to below $38 |