WINNIPEG – The Canadian dollar moved upward on Wednesday as Statistics Canada released its 2021 Census. The loonie was at US$0.7886 or US$1=C$1.2680 on Wednesday, up from Tuesday’s close of US$0.7868 or US$1=C$1.2709. Statistics Canada reported on Wednesday that the country’s population grew 5.2 per cent, the highest rate in the G7, to 36.9 million. […] Read more

WINNIPEG – The Canadian dollar bumped up on Wednesday after Statistics Canada (StatCan) released its quinquennial national Census. As of 8:48 a.m. CST, the loonie was at US$0.7882 or US$1=C$1.2687, compared to US$0.7868 or US$1=C$1.2709 on Tuesday. The 2021 Census reported that Canada’s population 5.2 per cent over a five-year period to 36.9 million, the […] Read more

WINNIPEG – The Canadian dollar slipped on Tuesday amid mixed economic news. The loonie was at US$0.7868 or US$1=C$1.2709 on Tuesday, down from Monday’s close of US$0.7881 or US$1=C$1.2688. Statistics Canada reported on Tuesday that the country posted a merchandise trade deficit of C$137 million last December, ending a streak of six consecutive monthly surpluses. […] Read more

WINNIPEG – The Canadian dollar slightly declined on Tuesday while crude oil prices continued to ease. As of 8:41 a.m. CST, the loonie was at US$0.7874 or US$1=C$1.2700, compared to US$0.7881 or US$1=C$1.2688 on Monday. The United States Dollar Index was up 0.20 of a point at 95.60. Crude oil prices were down on Tuesday […] Read more

WINNIPEG – The Canadian dollar received a boost to start the week on Monday. The loonie was at US$0.7881 or US$1=C$1.2688 on Monday, down from Friday’s close of US$0.7838 or US$1=C$1.2758. The United States Dollar Index was down 0.06 of a point to 95.42. Benchmark crude oil prices came down on Monday after a high-rising […] Read more

WINNIPEG – The Canadian dollar received a slight bump upwards on Monday morning despite a reversal in crude oil prices. As of 8:36 a.m. CST, the loonie was at US$0.7860 or US$1=C$1.2723, compared to US$0.7838 or US$1=C$1.2758 on Friday. The United States Dollar Index was up 0.10 of a point at 95.58. For the first […] Read more

WINNIPEG – The Canadian dollar lost nearly half a United States cent on Friday hours after Statistics Canada released a negative jobs report. The loonie was at US$0.7838 or US$1=C$1.2758 on Friday, down from Thursday’s close of US$0.7887 or US$1=C$1.2679. Canada’s central data agency announced that the country lost 200,100 jobs in January, breaking a […] Read more

WINNIPEG – A negative jobs report from Statistics Canada prefaced a lower start for the Canadian dollar on Friday. As of 8:39 a.m. CST, the loonie was at US$0.7827 or US$1=C$1.2776, compared to US$0.7887 or US$1=C$1.2679 on Thursday. Canada’s central data agency reported that 200,100 jobs were lost in January due to the Omicron COVID-19 […] Read more

WINNIPEG – The Canadian dollar was flat on Thursday as oil prices jumped and the stock market took a plunge. The loonie was at US$0.7887 or US$1=C$1.2679 on Thursday, up from Wednesday’s close of US$0.7888 or US$1=C$1.2677. The United States Dollar Index declined 0.58 of a point to 95.36. Benchmark crude oil prices were higher […] Read more

WINNIPEG – The Canadian dollar was mostly steady on Thursday while crude oil prices were on the decline. As of 8:36 a.m. CST, the loonie was at US$0.7893 or US$1=C$1.2669 on Thursday, compared to US$0.7888 or US$1=C$1.2677 on Wednesday. The United States Dollar Index was down 0.36 points at 95.58. The Bank of England announced […] Read more