Glacier FarmMedia — The Canadian dollar was stronger on Thursday, as growing optimism over a possible trade deal between Canada and the United States ahead of next week’s G7 meeting provided support.
The Canadian dollar settled at US$0.7346 or US$1=C$1.3612, which was compares with Wednesday’s close of US$0.7318 or US$1=C$1.3665.
Crude oil posted small gains, with West Texas crude oil up by 0.62 per cent at US$68.57 per barrel.
The TSX Composite Index gained 91.59 points to close at a new record of 26,615.75 points.
