By MarketsFarm
WINNIPEG, Dec. 14 (MarketsFarm) – The Canadian dollar was firmer on Monday, as optimism over COVID-19 vaccines and a firm tone in crude oil provided some support.
The Canadian dollar closed at US$0.7839 or US$1=C$1.2757, which compares with Friday’s North American close of US$0.7831 or US$1=C$1.2769.
Canada’s first doses of vaccine against COVID-19 are set to be administered this week, although it will take many months for the entire country to be vaccinated.
West Texas Intermediate crude oil was up by 0.9 per cent, at US$46.9905 per barrel.
The TSX Composite Index was down on the day, retreating from early advances to lose 161.52 points, or 0.92 per cent, to close at 17,387.40 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————-up $ 0.01 at $ 2.76
Linamar Corp.——————–up $ 0.32 at $ 67.45
Maple Leaf Foods—————–up $ 0.23 at $ 28.45
Nutrien Ltd.———————dn $ 0.31 at $ 62.39
Ritchie Bros Auctioneers Inc.—-dn $ 0.84 at $ 89.45
Rocky Mountain Dealerships Inc.– $ 0.00 at $ 7.40
(All figures are in Canadian dollars.)
