By Commodity News Service Canada
WINNIPEG, December 1 (CNS) – The Canadian currency surged
against the U.S. dollar to end the week, buoyed by robust
economic data indicating the Canadian economy was strengthening.
Canada added 79,500 jobs in November while the country’s
unemployment rate fell to 5.9%. Canadian GDP also improved by
1.7% to C$1.85 trillion.
Gains in gold bullion, crude oil prices and natural gas
added to the upside.
The Canadian dollar settled on Friday at US$0.7856 cents or
C$1.2729, compared to Thursday’s North American close of
US$0.7759 or C$1.2888.
In Toronto, the S&P/TSX Composite Index dropped 28.51
points, or 0.18%, to 16,038.97.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.07 at $ 20.05
Agrium Incorporated———-dn $ 2.25 at $139.51
Buhler Industries————– $ 0.00 at $ 4.59
Maple Leaf Foods————-up $ 0.21 at $ 35.06
Potash Corp. of Sask———dn $ 0.39 at $ 24.93
(All figures are in Canadian dollars.)
