Posted AT 4:47 PM EDT on 20/12/07
Loonie named Time newsmaker of 2007
The loonie, a currency ridiculed in other countries for its fowl-inspired nickname, is finally getting some respect.
Time magazine named the loonie the Canadian Newsmaker of 2007, saying the dollar's rapid rise was a sure sign that “something big was happening in Canada.”
The Canadian economy boomed this year, even as the might U.S. shows signs of slowing, Time magazine said.
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