Canadian Dollar and Business Outlook: Is loonie’s slide beginning to peter out?

Revamped Trudeau cabinet this morning

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was relatively steady on Friday morning, as Prime Minister Justin Trudeau will attempt to stabilize his minority government by shuffling his cabinet this morning. As of 8:37 am CST, the loonie was at US$0.6956 or US$1=C$1.4374 compared to Thursday’s close of US$0.6959 or US$1=C$1.4380. On […] Read more




Canadian Financial Close: Loonie steps back a little more

Federal cabinet shuffle Friday morning

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar shed more than a 10th  of a cent on Thursday, despite Prime Minister Justin Trudeau trying to stabilize his government’s dire political situation. Trudeau is set to shuffle his cabinet tomorrow morning, with Dominic LeBlanc widely expected to remain his new finance portfolio. […] Read more





ICE canola correcting higher

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Thursday, correcting off nearby lows amid ideas the recent losses were overdone. The most-active March contract was back above C$600 per tonne, which was supportive from a chart standpoint. Tightening supply projections and solid end user demand also […] Read more



Global Markets: Trump shoots down spending bill

Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.   A bipartisan deal to avert a government shut down in the United States was effectively stopped by President-elect Donald Trump, as he said any Republicans in Congress who voted on the bill would face primary […] Read more

Canadian Dollar and Business Outlook: Loonie keeps sliding back

Uncertainty surrounding PM, government weighs on dollar

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar dipped on Thursday morning, as calls for Prime Minister Justin Trudeau to resign ramped up in recent days as his Liberal government teeters on the verge of collapse. As of 8:37 am CST, the loonie was at US$0.6968 or US$1=C$1.4350 compared to Wednesday’s close of […] Read more