The Canadian dollar slipped below parity with the U.S. greenback Monday as turmoil continues to grip world markets.
The loonie lost more than half a cent to briefly dip under $1 U.S. before regaining some strength to trade at 100.11 cents U.S., which was down 0.29 of a cent from Friday's close.
Investors have been moving to the safety of the U.S. dollar amid concerns about European debt and the possibility that Greece may default on its loans.
