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Canadian Dollar And Business Outlook

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Published: February 14, 2017

By Commodity News Service Canada

Winnipeg, February 14 – The Canadian dollar was stronger
compared to its US counterpart Tuesday morning, buoyed by higher
prices in gold bullion and crude oil.
Losses in natural gas and copper capped the upside.
At 8:58 CST Tuesday morning the Canadian dollar was at US$0.7668
or C$1.3041 which compares with Monday’s North American close of
US$0.7648 or C$1.3075.
At 8:58 CST Tuesday morning, the TSX was down 6.79 points, or
0.04%, at 15,749.79.
Slumping energy stocks were bearish for the market.
However, homes prices advanced once again in Vancouver,
Montreal and Toronto, which were bullish for the economy.

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