Canadian dollar and business outlook

Published: July 2, 2025

Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning as activity resumed after Tuesday’s Canada Day holiday.

At 8:52 a.m. CDT the Canadian dollar was trading at US$0.7328 or US$1=C$1.3646 which compares with Monday’s close of US$0.7330 or US$1=C$1.3643.

Crude oil prices were rising Wednesday amid heightened Mideast tensions. Iran enacted a law requiring government approval of any future inspection of its nuclear sites by the International Atomic Energy Agency.

West Texas Intermediate was up 0.95 per cent at US$66.07 per barrel.

The TSX was down 61.29 points at 8:52 CDT to trade at 26,795.82.

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