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Canadian Dollar

Canadian dollar edges higher as oil prices rise
Markets

Canadian dollar edges higher as oil prices rise

  • The Bank of Canada is seeing evidence of investor activity in some Canadian housing markets and is concerned that "fear of missing out" may also be driving price gains, Deputy Governor Toni Gravelle told Reuters on Tuesday.
Published 25 Mar, 2021 11:23am
Spike in Canada exports to US leads to surprise January trade surplus
World

Spike in Canada exports to US leads to surprise January trade surplus

  • Canada's trade surplus with the rest of the world was C$1.41 billion ($1.11 billion) in January, the largest since July 2014. Analysts polled by Reuters had predicted a deficit of C$1.40 billion.
  • "In a sea of really bad news this is an island paradise. Everything is up," said Peter Hall, chief economist at Export Development Canada.
Published 05 Mar, 2021 09:43pm