GFM Network News


Canadian Financial Close: Loonie ends week on high note

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – The Canadian dollar was stronger at market close on Friday, largely due to a positive job report from Statistics Canada. The loonie finished the day at US$0.7662 or US$1=C$1.3051, which compares with Thursday’s close of US$0.7646 or C$1.3079. With 35,200 jobs added in December, Statistics Canada noted there […] Read more

Canadian Dollar and Business Outlook: Positive jobs report boosts loonie

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – The Canadian dollar was stronger Friday morning following the release of an employment report from Statistics Canada. As of 8:44 CST, the Canadian dollar was at US$0.7663 or C$1.3049. That compares to Thursday’s North American close of US$0.7646 or C$1.3079. Statistics Canada reported that approximately 35,200 mostly full-time […] Read more


Canadian Financial Close: Weaker oil prices weigh on loonie

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – The Canadian dollar was lower at market close on Thursday as Western Canadian Select (WCS) crude oil remained lower. The loonie finished the day at US$0.7646 or US$1=C$1.3079, which compares with Wednesday’s close of US$0.7677 or C$1.3026. The price for WCS lost 31 cents to close at US$36.75 […] Read more

Canadian Dollar and Business Outlook: Lower oil pushes loonie further back

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – The Canadian dollar was weaker Thursday morning, as crude oil prices were trending downward. As of 8:44 CST, the Canadian dollar was at US$0.7654 or C$1.3069. That compares to Wednesday’s North American close of US$0.7677 or C$1.3026. Crude oil prices were lower Thursday morning after what has been […] Read more


Canadian Financial Close: Loonie slips as oil falls back

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – The Canadian dollar was lower at market close on Wednesday as crude oil prices declined. The loonie finished the day at US$0.7677 or US$1=C$1.3026, which compares with Monday’s close of US$0.7687 or C$1.3009. Benchmark crude oil prices dropped on Wednesday, following comments from United States President Donald Trump […] Read more

Canadian Dollar and Business Outlook: Loonie holding its own

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – The Canadian dollar was firm Wednesday morning, amid declines in crude oil prices. As of 8:42 CST, the Canadian dollar was at US$0.7682 or C$1.3019. That compares to Tuesday’s North American close of US$0.7687 or C$1.3009. Crude oil prices were lower Tuesday morning, giving up steep gains in […] Read more



Canadian Dollar and Business Outlook: Loonie retreats below 77 U.S. cents

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 7 (MarketsFarm) – The Canadian dollar slipped under 77 U.S. cents Tuesday morning, as crude oil prices were down. As of 8:45 CST, the Canadian dollar was at US$0.7682 or C$1.3019. That compares to Monday’s North American close of US$0.7710 or C$1.2970. Crude oil prices were lower Tuesday morning as the […] Read more


Canadian Financial Close: Canadian crude bumps up loonie

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – The Canadian dollar was up slightly at market close on Monday, due gains in Western Canadian Select (WCS) crude oil prices. The loonie finished the day at US$0.7710 or US$1=C$1.2970, which compares with Friday’s close of US$0.7699 or C$1.2988. With an increase of 61 cents, WCS closed at […] Read more

Canadian Dollar and Business Outlook: Loonie holding firm

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – The Canadian dollar was steady Monday morning, despite increases in crude oil prices. As of 8:49 CST, the Canadian dollar was at US$0.7703 or C$1.2986. That compares to Friday’s North American close of US$0.7699 or C$1.2988. Crude oil prices were higher Monday morning due to increased tensions between […] Read more