By Commodity News Service Canada
Winnipeg, June 23 – The Canadian dollar was relatively unchanged against its US counterpart on Friday, as losses in crude oil were offset by gains in metals and natural gas.
Canada’s inflation rate rose 1.3% compared to the same time a year ago. That was a significant decrease from the 1.6% rate recorded the month before.
Blackberry reported a Q1 profit of US$671 million. This was equal to US$1.23 per share, which compares to a loss of US$1.28 during the same time last year.
At 8:50 CDT Friday morning the Canadian dollar was at US$0.7526 or C$1.3287 which compares with Thursday’s North American close of US$0.7513 or C$1.3310.
At 8:50 CDT Friday morning, the TSX was up 71.37 points, or 0.47%, at 15,219.90.
