By Commodity News Service Canada
WINNIPEG, May 5 – The Canadian dollar finished slightly
higher against its US counterpart to end the week, as gains in
oil offset a bearish domestic jobs report.
Canada’s jobless rate hits its lowest level in nine years
which buoyed the loonie.
The Canadian dollar closed at US$0.7293 or C$1.3712,
compared to Thursday’s close of US$0.7276 or C$1.3743.
The S&P/TSX Composite Index jumped on Friday, spurred
higher by the energy group’s 3% advance.
Encana rose 4.5% while Cenovus improved by 2%.
The index rose by 185.34 points, or 1.2%, to 15,582.04.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 1.27 at $ 30.21
Agrium Incorporated———-up $ 0.59 at $124.96
Buhler Industries————– $ 0.00 at $ 4.65
Maple Leaf Foods————-up $ 0.08 at $ 34.27
Potash Corp. of Sask———up $ 0.14 at $ 22.49
(All figures are in Canadian dollars.)