By Commodity News Service Canada
WINNIPEG, Nov. 26 (CNS Canada) – The Canadian dollar was slightly stronger Monday morning.
At 8:40 CST Monday morning the Canadian dollar was at US$0.7569 or C$1.3209, which compares with Friday’s North American close of US$0.7560 or C$1.3228.
General Motors Canada is widely expected to announce the closure of its Oshawa, Ont. assembly plant today. The move will affect 2,800 jobs at the plant. The closure reportedly is part of GM’s global restructuring plan.
Oil prices Monday morning were up US$1.13 per barrel. West Texas Intermediate crude this morning was US$51.55 per barrel after closing Friday at US$50.42.
Gold is up Monday morning by US$1.90 to US$1,225.10 per ounce.
The Toronto TSX/S&P Composite Index was up 82.91 points Monday morning at 15,097.74.
