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News Wrap | Scott Dawson
(778) 668-9320 [email protected]

“North America’s story is again darkening,” says CIBC

Continuing weakness in the U.S. economy may force the Bank of Canada to put interest rate hikes on hold after September, notes a new report from CIBC World Markets Inc. Read more:

Canadian Dollar Climbs for Second Day After BHP’s Hostile Bid for Potash

Canada’s dollar rose for a second day versus its U.S. counterpart as speculation that a purchase of Potash Corp. of Saskatchewan Inc. will eventually proceed raised the prospect of further demand for commodity producers. Read more:

CANADA STOCKS-Gold stocks pull down TSX at open

Toronto’s main stock index opened lower on Wednesday, pressured by a fall in gold-mining stocks as the price of the precious metal fell after its recent rally. Read more: