C$ slightly firmer after trade, building data

TORONTO: The Canadian dollar was slightly firmer following the release of a report showing Canada's trade deficit narrowed in January as exports grew at a faster rate than imports.

The Canadian dollar initially weakened to C$1.0317 to the US dollar, or 96.93 US cents, following the release of the data. But it then firmed to C$1.0303. It had closed at C$1.0315 versus the US dollar on Wednesday.