By Glen Hallick
Glacier FarmMedia | MarketsFarm – The Canadian dollar was higher on Friday morning, following the Statistics Canada report on the country’s economic growth.
As of 8:35 am CST, the loonie was at US$0.7152 or US$1=C$1.3984, compared to Thursday’s close of US$0.7126 or US$1=C$1.4034.
StatCan reported Canada’s real GDP improved by an annualized rate of 2.6 per cent in the third quarter of 2025. That far exceeded analysts’ projections of 0.5 per cent growth.
On the United States Dollar Index, the greenback tacked on 0.063 of a point at 99.585.
Benchmark crude oil prices were narrowly mixed on Friday morning, due to uncertainty over a Ukraine-Russia peace deal. Also, the trade will watch this weekend’s OPEC+ meeting for what direction the alliance could take on its oil output.
West Texas Intermediate added 27 cents at US$58.92 per barrel and Brent crude slipped 20 cents at US$63.14 per barrel.
In morning activity, the TSX/S&P Composite Index shed 19.82 points at 31,176.89.
Gold advanced US$31.60 at US$4,234.10 per ounce.
