Canadian Financial Close: Loonie stays put, inflation up

Glacier FarmMedia | MarketsFarm – The Canadian dollar was relatively unchanged on Tuesday after Statistics Canada released new economic data. The loonie ended the day at US$0.6993 or US$1=C$1.4301, compared to US$0.6991 or US$1=C$1.4304 on Monday. StatCan reported Canada’s inflation rate jumped to 2.6 per cent in February, the same month the federal government’s temporary tax […] Read more








Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Friday morning amid ongoing tariff uncertainty. At 8:51 a.m. CDT the Canadian dollar was trading at US$0.6950 or US$1=C$1.4388 which compares with Thursday’s close of US$0.6940 or US$1=C$1.4409. Canadian manufacturing sales were up by 1.7 per cent in January to C$73.0 billion, reported […] Read more

Canadian Financial Close: C$ weakens Thursday

Glacier FarmMedia | MarketsFarm — The Canadian dollar was softer on Thursday amid ongoing uncertainty over the escalating trade war with the United States. The Canadian dollar settled at US$0.6940 or US$1=C$1.4409, which compares with Wednesday’s close of US$0.6949 or US$1=C$1.4391. The total value of building permits issued in Canada dipped by 3.2 per cent […] Read more


Canadian dollar and business outlook

Glacier FarmMedia | MarketsFarm — The Canadian dollar was holding relatively steady Thursday morning amid ongoing tariff uncertainty. At 8:52 a.m. CDT the Canadian dollar was trading at US$0.6951 or US$1=C$1.4386 which compares with Wednesday’s close of US$0.6949 or US$1=C$1.4391. The total value of building permits issued in Canada dipped by 3.2 per cent in […] Read more

Canadian Financial Close: C$ strengthens following BoC rate cut

Glacier FarmMedia | MarketsFarm — The Canadian dollar strengthened relative to its United States counterpart on Wednesday, as currency traders reacted to the latest interest rate announcement from the Bank of Canada. The Canadian dollar settled at US$0.6949 or US$1=C$1.4391, which compares with Tuesday’s close of US$0.6920 or US$1=C$1.4451. The BoC lowered its key overnight […] Read more