Loonie Set to Fall Below 72 Cents in next Few Months and Remain Lower for Longer, Says CIBC

Canada's dollar will remain lower for longer despite some help from the federal government's fiscal spending plan over the next year, says CIBC World Markets. The loonie has been on a downward trend since early May, when it nearly touched 80 cents against the U.S. dollar. More recently, the currency is trading at 74.34, its lowest…