By MarketsFarm
WINNIPEG, June 15 (MarketsFarm) – The Canadian dollar was steady on Monday, as economies around the world grapple with the possibility of a COVID-19 coronavirus resurgence.
The dollar finished the day at US$0.7355 or US$1=C$1.3596, compared to Friday when it closed at US$0.7354 or US$1=C$1.3553.
This morning, Canadian Prime Minister Justin Trudeau announced an extension to the Canadian emergency Relief Benefit (CERB), which was set to expire July 4. He said further details would be forthcoming later this week.
The TSX Composite Index was up 103.09 points to close at 15,359.66.
Benchmark crude oil prices were slightly stronger on the day. West Texas Intermediate (WTI) was up 75 cents to close at US$37.01. Brent Crude was up US$1.01 at US$39.74.
Canada’s agricultural sector fared as follows:
Buhler Industries               unchanged     at $ 2.53
Linamar Corp.                   up $ 0.80    at $ 41.43
Maple Leaf Foods                dn $ 0.16    at $ 28.05
Nutrien Ltd.                    dn $ 0.20    at $ 49.07
Ritchie Bros Auctioneers Inc.   up $ 0.49    at $ 54.74
Rocky Mountain Dealerships Inc. up $ 0.05    at $ 4.92
(All figures are in Canadian dollars.)
