WINNIPEG – The Canadian dollar hit its highest price in more than a month on Wednesday.
The loonie closed at US$0.7366 or US$1=C$1.3576, up from US$0.7339 or US$1=C$1.3626 on Tuesday. The last time the Canadian dollar closed higher was on Feb. 27.
The United States Dollar Index added 0.24 of a point at 102.67.
Crude oil had a slight loss on Wednesday. Brent crude oil declined US$0.35 per barrel to US$78.30. West Texas Intermediate (WTI) was down US$0.25 at US$72.95/barrel. Western Canadian Select (WCS) retreated US$0.29/barrel to US$72.91.
The TSX/S&P Composite Index gained 180.12 points to close at 19,837.65.
Gold lost US$8.40 at US$1,982.00 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. dn $ 0.07 at $ 2.20
Farmer’s Edge Inc. up $ 0.015 at $ 0.19
Linamar Corp. up $ 0.98 at $ 62.40
Maple Leaf Foods up $ 0.09 at $ 25.48
Nutrien Ltd. up $ 0.52 at $ 98.59
Ritchie Bros Auctioneers Inc. dn $ 0.32 at $ 75.21
(All figures are in Canadian dollars.)
