Canadian Financial Close: Gold and TSX lead loonie up

By Commodity News Service Canada WINNIPEG, Sep. 17 (CNS) – The Canadian dollar closed slightly higher Monday, supported by gains in the price of gold and the stock narket. The Canadian dollar settled Monday at US$0.7681 or C$1.3019, compared to Friday’s North American close of US$0.7673 or C$1.3033. Oil prices were slipped Monday as deepening […] Read more

Global Markets: Coca-Cola to develop new cannabis beverage

By Dave Sims, Commodity News Service Canada WINNIPEG, Sep. 17 (CNS) – Coca-Cola is taking its first step into the world of cannabis. The company is in talks with Aurora Cannabis to develop the company’s first cannabis-infused beverage. According to BNN Bloomberg, the two companies want to develop a drink that can also ease inflammation […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Sep. 17 (CNS Canada) The Canadian dollar was slightly firmer Monday morning, with gains in crude oil providing some support for the energy-linked currency. At 8:48 CDT Monday morning the Canadian dollar was at US$0.7681 or C$1.3019 which compares with Friday’s North American close of US$0.7673 or C$1.3033. Foreign […] Read more


Canadian Financial Close: TSX rises with transportation sector

By Commodity News Service Canada WINNIPEG, Sept. 14 (CNS) – The Canadian dollar finished relatively flat against its American counterpart on Friday. The loonie was weighed down by losses in natural gas, gold bullion and other metals. Gains in crude oil mitigated the losses. The loonie finished at US$0.7691 or C$1.3003, compared to Thursday’s North […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada Winnipeg, Sept. 14 (CNS Canada) – The Canadian dollar was trending lower against its U.S. counterpart Friday morning, following losses in gold bullion and natural gas. Advances in crude oil prices lent some strength to the commodity-backed currency. At 8:55 CDT Friday morning the Canadian dollar was at US$0.7679 or […] Read more


Global Markets: Hurricane Florence makes landfall

By Commodity News Service Canada WINNIPEG, Sep. 14 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence made landfall on the North Carolina coast early Friday morning. While the storm has been downgraded to a Category 1 hurricane, it is moving very slowly and […] Read more

ICE canola mixed in morning trade

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Sept 14, 2018 (CNS Canada) – ICE Futures canola contracts were trading both sides of unchanged Friday morning. Chicago Board of Trade soybeans contracts were stronger, while soyoil and meal contracts were weaker. Cool and wet weather across the Prairies is delaying harvest progress. Snow fell […] Read more

Canadian Financial Close: TSX pressured by losses in health-care

By Commodity News Service Canada WINNIPEG, Sept. 13 (CNS) – The Canadian dollar eked out a tiny gain against its American counterpart on Thursday. The loonie took strength from a rise in housing prices and slight optimism around world markets. Losses in crude oil prices and gold bullion were bearish for the commodity-backed currency. The […] Read more


North American Grains/Oilseed Review – Canola drifts lower amid yield uncertainty

By Dave Sims, Commodity News Service Canada Winnipeg, Sept. 13 (CNS Canada) – The ICE Futures canola platform suffered modest losses on Thursday, weighed down by technical selling and uncertainty about the state of the crop. Cold and wet weather across the Prairies has slowed down harvest. Concerns over frost in Alberta and widely varying […] Read more

Canola churns lower in choppy trade

By Dave Sims, Commodity News Service Canada WINNIPEG, Sept. 13 (CNS) – Canola contracts on the ICE Futures platform were lower in choppy trade at midday Thursday. “Volumes haven’t been that bad but they’re kind of lifeless,” said a trader in Winnipeg. “We’re kind of stuck slopping around a 50 cent range.” Steady farmer selling […] Read more