By Commodity News Service Canada
WINNIPEG, April 21 – The Canadian dollar moved lower
against its US counterpart on Friday, following a spike in
Canada’s annual inflation rate.
The all-items consumer price index increased 1.6% in March
over the same time last year.
The Canadian dollar closed at US$0.7405 or C$1.3505,
compared to Thursday’s close of US$0.7423 or C$1.3472.
The S&P/TSX Composite Index ticked lower on Friday,
following declines in the banking sector and health-care.
Banks also suffered on the day. Toronto-Dominion led the
downturn falling 0.8%.
On the other side, the energy sector improved by 0.7%.
The index declined 11.08 points, or 0.10%, to 15,614.48.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.44 at $ 29.60
Agrium Incorporated———-dn $ 1.36 at $122.20
Buhler Industries————up $ 0.01 at $ 4.63
Maple Leaf Foods————-up $ 0.01 at $ 32.18
Potash Corp. of Sask———dn $ 0.32 at $ 21.83
(All figures are in Canadian dollars.)
