By Commodity News Service Canada
Winnipeg, June 19 – The Canadian dollar was down slightly against its US counterpart on Monday, following losses in gold bullion.
Toronto-based Hudson’s Bay Co. is being pressured to sell some of its real estate assets in a bid to cut down on the company’s debt.
On Friday, Blackberry is scheduled to release its quarterly earnings report.
A report by researchers at Dalhousie University predicts grocery and restaurant food prices will jump between three to four percent this year.
At 9:00 CDT Monday morning the Canadian dollar was at US$0.7560 or C$1.3228 which compares with Friday’s North American close of US$0.7571 or C$1.3209.
At 9:00 CDT Monday morning, the TSX was up 71.16 points, or 0.47%, at 15,263.70.
