CBC.ca | Canadian dollar slips below 74 cents as oil falls to $37.65 CBC.ca Oil went south after OPEC said this weekend it would abandon the soft cap of 30 million barrels a day that the oil cartel has more or less stuck to since 2012. The group is currently pumping out about 31.5 million barrels a day, and OPEC president ... At midday: TSX falls over 2% as oil drops As oil falls so does the loonie — to 11-year low TSX is tanking today, loonie drops to 11-year low as oil crashes to below $38 |