Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was firmer relative to its United States counterpart Monday morning.

• At 9:47 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657 which compares with Friday’s close of US$0.7291 or US$1=C$1.3716.
• Canada’s consumer price index (CPI) increased by 1.8 per cent on an annual basis in February, slowing from the 2.3 per cent year-on-year growth reported in January, reported Statistics Canada.
• Also, StatCan said an estimated 114,415 new vehicles were sold in Canada in January 2026. That was 5.6 per cent lower than the same month a year ago, with sales in dollar terms down 6.1 per cent.
• Gold was 0.42 per cent lower at US$5,040.50 per ounce.
• The ongoing war in the Middle East remained a feature of the global markets, with crude oil seeing a modest correction to start the week. West Texas Intermediate was down 4.14 per cent at US$94.57 per barrel.
• The TSX was up 213.00 points at 9:47 CDT to trade at 32,754.93.

---

Newsletter Sign Up - Receive Grainews articles delivered right to your inbox!

From choosing the right herbicide to buying and maintaining machinery -- the ultimate resource for help managing your grain or integrated farming operation

This field is hidden when viewing the form

Interest ID

Your Email(Required)

Your Postal Code(Required)

Consent

I consent to receiving emails from Glacier FarmMedia, its affiliates and divisions and third parties, containing agriculture news, updates and promotions. I can unsubscribe at any time

Comments

This field is for validation purposes and should be left unchanged.