By Commodity News Service Canada
WINNIPEG, February 8 – The Canadian dollar firmed against
its US counterpart on Wednesday, taking support from strong oil
prices.
Higher prices for gold bullion, silver, natural gas and
copper helped to underpin the loonie.
The Canadian dollar closed at C$0.7602 or US$1=C$1.3155,
compared to Tuesday’s close of C$0.7595 or US$1=C$1.3167.
The S&P/TSX Composite Index finished higher on Wednesday.
The index was buoyed by gains in the health-care industry, gold-
mining companies and the energy sector.
Enbridge gained 1.2% while Valeant Phamaceuticals rose
2.8%.
The index climbed 55.24 points or 0.4% to 15,554.04.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.15 at $ 35.40
Agrium Incorporated———-up $ 0.74 at $138.17
Buhler Industries————– $ 0.00 at $ 4.60
Maple Leaf Foods————-up $ 0.23 at $ 30.06
Potash Corp. of Sask———up $ 0.16 at $ 24.94
(All figures are in Canadian dollars.)
