By Commodity News Service Canada
WINNIPEG, March 23 – The Canadian dollar ended lower
against its US counterpart on Thursday, in the wake of a
cautious fiscal budget from the federal government.
Losses in gold and crude oil contributed to the declines.
The Canadian dollar closed at C$0.7490 or US$1=C$1.3351,
compared to Wednesday’s close of C$0.7504 or US$1=C$1.3327.
The S&P/TSX Composite Index finished higher with banking
and industrials.
CIBC ended 1.4% higher while the Royal Bank rose 1.3%.
The index climbed 85.15 points, or 0.6%, to 15,433.61.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 1.06 at $ 31.64
Agrium Incorporated———-up $ 1.40 at $127.63
Buhler Industries————– $ 0.00 at $ 4.60
Maple Leaf Foods————-up $ 0.20 at $ 32.05
Potash Corp. of Sask———up $ 0.12 at $ 22.82
(All figures are in Canadian dollars.)
