Canadian Financial Close: More losses for loonie

By Glen Hallick Glacier FarmMedia – The Canadian dollar fell nearly two-tenths of a cent on Wednesday, with pressure coming from an increase in the United States dollar and declines in crude oil. The loonie closed at US$0.7234 or US$1=C$1.3823 compared to Tuesday’s finish of US$0.7252 or US$1=C$1.3789. On the U.S. Dollar Index, the greenback









ICE canola rising at midday Wednesday

Glacier FarmMedia — ICE Futures canola contracts were higher at midday Wednesday, continuing the uptrend of the past week. Canadian Prime Minister Mark Carney will visit China Jan. 13-17, his office said Wednesday. Trade is expected to be a major topic of discussion. Stiff Chinese tariffs have limited Canadian canola exports during the current marketing



Global Markets: U.S. forces board Venezuela-linked oil vessel

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States forces have boarded a Venezuela-linked, Russian-flagged oil tanker in the North Atlantic after pursuing it for weeks, reported the Associated Press on Wednesday. A U.S. military official said the vessel was pursued after it tried to