By Commodity News Service Canada
WINNIPEG, October 7 – The Canadian dollar edged up slightly against its US counterpart in early activity on Friday, tracking advances in crude oil.
At 8:32 CDT Friday, the Canadian dollar was at US$0.7572 or US$=C$1.3206, which compares with Thursday’s North American close of US$0.7568 or US$1=C$1.3213.
In Canadian domestic data, employment rose by 67,000 or 0.4 per cent in September, with most of the increase in part-time work. The unemployment rate was unchanged at seven per cent, as more people participated in the labour market, Statistics Canada said in a report on Friday.
The TSX was up 16.26 points at 8:32 CDT Friday morning to sit at 14,611.76.