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What is a loonie?

What is a loonie? Here are some definitions.

Noun
  1. (Canada, informal) The Canadian dollar (both the coin and the monetary unit).
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Examples
Student B adds and subtracts one-digit whole numbers using counters, counts to 50, and names and states the value of a penny and a loonie.
The loonie is trading slightly above our longterm fair valuation calculation.
I supposed it was good that he'd paid because I only had a loonie and a dime in my pocket.
You just had a mother, who home schooled her kids, sent to the loonie bin after she brained two of them.
The flight of the loonie nonetheless had repercussions, auguring adjustments to trade volumes.
The Bank of Canada's hawkish tone and stronger than expected real GDP growth on Thursday took turns driving the loonie up.

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