I know of 3 meanings to the word Loonie
1…. Loonie as in crazy……She’s as loonie as they come!
2…. Looney Toons. ……Bugs Bunny, Daffy Duck…etc….
3….The Canadian Loonie….. The Canadian dollar coin
Of course since I am Canadian I’m talking about the Canadian dollar coin.
On June 30, 1987 as a cost-saving measure by the Government of Canada the Loonie one dollar coin was introduced and was instantly dubbed the "Loonie because of the Loon bird that adorned the back of the coin. Of course the Loonie was not immediately accepted. We bitched about the size of it and there were those who saw the loonie as a plot to ruin pant pockets and enrich the tailoring industry and the move to rename piggy banks as loonie bins never really caught on. It was eventually accepted as part of us Canadians and we think nothing of it now.
Fun Facts about the Canadian one dollar;
In 2008 a Canadian survey ranked the loonie higher in Canadian symbolism than maple syrup. The maple leaf was number 1.
In 1987 a Penticton boy thought it looked good enough to eat…the result….stomach surgery 4 days later….to cash out.
Eh, it's just another one of those Canadian things.