By Commodity News Service Canada
WINNIPEG, January 5 – The Canadian dollar was weaker on Tuesday, hitting fresh eleven-year lows relative to its US counterpart during the session as ongoing losses in crude oil weighed on the energy-linked currency.
The Canadian dollar closed at US$0.7148 or US$1=C$1.3989, which compares with Monday’s close of US$0.7173, or US$1=C$1.3941.
The TSX ended lower, as concerns over the Chinese economy continued to weigh on the global markets following Monday’s sell-off.
The S&P/TSX Composite Index lost 7.01 points, or 0.05%, to close at 12,920.14.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients—–dn $ 0.18 at $ 34.04
Agrium Incorporated———-dn $ 0.58 at $123.46
Buhler Industries————– $ 0.00 at $ 5.44
Maple Leaf Foods————-dn $ 0.15 at $ 23.41
Potash Corp. of Sask———dn $ 0.57 at $ 23.63
(All figures are in Canadian dollars.)
