By Phil Franz-Warkentin
Glacier FarmMedia MarketsFarm – The Canadian dollar held relatively steady on Monday, with positioning ahead of inflation data from the United States due out later in the week behind some of the activity.
The Canadian dollar settled at US$0.7279 or US$1=C$1.3738 on Monday, which compares with Friday’s close of US$0.7282 or US$1=C$1.3732.
Canada issued C$9.9 billion worth of building permits in June, which was down by 13.9 per cent from the previous month, according to a report from Statistics Canada.
Crude oil was stronger, with West Texas crude oil up by
3.64 per cent at US$79.64 per barrel.
The TSX Composite Index gained 87.63 points to close at 22,398.93 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.05
Linamar Corp.——————–dn $ 2.49 at $ 60.15
Maple Leaf Foods—————–dn $ 0.06 at $ 22.73
Nutrien Ltd.———————up $ 0.32 at $ 63.48
RB Global Inc.——————-dn $ 1.07 at $107.30
Farmers Edge Inc.—————- $ 0.00 at $ 0.345
(All figures are in Canadian dollars.)
