GFM Network News






Canadian Dollar and Business Outlook: Slipping oil prices mean weaker loonie

By MarketsFarm WINNIPEG, March 21 (MarketsFarm) – The Canadian dollar was weaker Thursday morning amid slipping crude oil prices. At 8:33 CDT Thursday morning the Canadian dollar was at US$0.7495 or C$1.3343, which compares with Wednesday’s North American close of US$0.7509 or C$1.3317. Benchmark crude oil prices were down Thursday morning as a lack of […] Read more


Canadian Financial Close: Canadian dollar holds firm as oil prices gain

By MarketsFarm WINNIPEG, March 20 (MarketsFarm) – The Canadian dollar held steady at just over 75 U.S. cents on Tuesday. United States government data reported tightening domestic oil supplies, which buoyed Canadian currency. The Canadian dollar closed at US$.7509 or C$=1.3317, slightly down from Monday’s close of US$0.7523 or C$=1.329. The S&P/TSX Composite Index was […] Read more

Canadian Dollar and Business Outlook: The day after Morneau’s budget

By MarketsFarm WINNIPEG, March 20 (MarketsFarm) – The Canadian dollar was down Wednesday morning, as the markets begin to adjust to yesterday’s federal Liberal government’s budget. At 8:38 CDT Wednesday morning the Canadian dollar was at US$0.7506 or C$1.3318, which compares with Tuesday’s North American close of US$0.7523 or C$1.3292. The TSX/S&P Composite Index opened […] Read more


Canadian Financial Close: Liberals present 2019 budget as oil and markets slow

By MarketsFarm WINNIPEG, March 19 (MarketsFarm) – The Canadian dollar inched over 75 U.S. cents on Tuesday as the federal Liberal government presented their 2019 budget. The Canadian dollar closed at US$0.753 or C$=1.3292, which compares with Monday’s close of US$0.7493, or C$=1.3345. The S&P/TSX Composite Index was down by 63.27 to 16,188.10 points at […] Read more

Canadian Dollar and Business Outlook: Budget day in Ottawa

By MarketsFarm WINNIPEG, March 19 (MarketsFarm) – The Canadian dollar was up Tuesday morning, ahead of the federal government’s budget which will be introduced this afternoon. At 8:33 CDT Tuesday morning the Canadian dollar was at US$0.7540 or C$1.3258, which compares with Monday’s North American close of US$0.7493 or C$1.3345. Finance Minister Bill Morneau will […] Read more



Canadian Dollar and Business Outlook: Loonie steady ahead of Tuesday’s budget

By MarketsFarm WINNIPEG, March 18 (MarketsFarm) – The Canadian dollar was steady Monday morning, a day before the federal Liberal government introduces its fourth budget. At 8:42 CDT Monday morning the Canadian dollar was at US$0.7499 or C$1.3335, which compares with Friday’s North American close of US$0.7495 or C$1.33342. On Tuesday, Minister of Finance Bill […] Read more