The Canadian Press: Loonie closes above parity for the first time in nearly 31 years

The Canadian Press: Loonie closes above parity for the first time in nearly 31 years: "TORONTO - The loonie rose sharply and held onto its gains on Friday, ending the trading day above the U.S. dollar for the first time in nearly 31 years. The Canadian dollar finished up two-thirds of a cent at 100.52 cents US continuing its spectacular tear and marking the highest close since Nov. 25, 1976."