Canadian Financial Close: Loonie firms ahead of BoC meeting

By Commodity News Service Canada

WINNIPEG, December 5 – The Canadian dollar eked out tiny
gains against its US counterpart in narrow trading on Monday, as
investors waited for the Bank of Canada’s decision on whether or
not to raise the interest rate.
The Canadian dollar closed at C$0.7532 or US$1.3276,
compared to Friday’s close of C$0.7528 or US$1=C$1.3283.
The S&P/TSX Composite Index posted gains on Monday, taking
strength from advances in the mining sector, industrials and the
oil patch.
Coal and copper producers Tech and Lundin posted gains of
2.4% and 3.4% respectively.
The index climbed 42.65 points or 0.3% to 15,095.17.
Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–dn $ 0.96 at $ 35.39
Agrium Incorporated———-up $ 3.07 at $136.09
Buhler Industries————– $ 0.00 at $ 5.00
Maple Leaf Foods————-up $ 0.25 at $ 28.02
Potash Corp. of Sask———up $ 0.58 at $ 24.58

(All figures are in Canadian dollars.)