While most Canadian $2 coins, known as “toonies,” are worth their face value, certain rare Victoria Newfoundland coins from the late 1800s can fetch astonishing prices on the collectibles market.

The Canadian dollar is important in the forex market because it is one of the most traded currencies worldwide.

The Canadian dollar edged up against its U.S. counterpart on Monday and bond yields climbed to multi-month highs, with the ...