Business
Employment numbers work loonie up
Mar 11, 2013 / 6:15 am
The Canadian dollar was higher Monday morning as the loonie continued to find some lift from Friday's blowout jobs report.
The loonie was up 0.08 of a cent to 97.25 cents US after Statistics Canada reported that almost 51,000 jobs were created in February, much higher than the 7,500 or so that economists had expected.
There was also good news from Canada's largest trading partner as U.S. job growth came in at 236,000 for the month, against the 165,000 that had been expected.
Commodity prices stepped back after data released over the weekend showed lower than expected expansion in China's economy at the beginning of the year.
April crude on the New York Mercantile Exchange was down 21 cents at US$91.74 a barrel, while May copper declined two cents to US$3.49 a pound. However, April gold bullion gained $2.40 to US$1,579.30 an ounce.

Read more Business News

Today's Market
| S&P TSX | 12613.05 | +105.45 |
| S&P CDNX | 934.68 | +1.82 |
| DJIA | 15354.40 | +121.18 |
| Nasdaq | 3498.965 | +33.722 |
| S&P 500 | 1667.47 | +17.00 |
| Gold | 1348.00 | -16.90 |
| Lumber | 316.00 | -4.50 |
| Oil | 95.73 | -0.29 |
| Natural Gas | 4.108 | +0.053 |
| CDN Dollar | 0.9716 | N/A |
_
Okanagan Companies
| Sun Rype | 6.00 | 0.00 |
| Pacific Safety | 0.045 | +0.005 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.55 | -0.03 |
| Cantex | 0.015 | 0.00 |
| Anavex Life Sciences | 0.54 | 0.00 |
| Metalex Ventures | 0.075 | -0.005 |
| Russel Metals | 26.65 | -0.25 |
| Copper Mountain Mining | 1.52 | -0.16 |
| Colorado Resources | 1.48 | +0.46 |
| ReliaBrand Inc | 0.13 | 0.00 |
_

Tips for a stress-free summer moveThe majority of Canadians prefer to make their big move during the summer season. There are a variety of reasons for choosing this time of year: it is easier to transport boxes in non-icy condition...
Income properties for sustained recoveryIt appears as though more people these days are looking for an investment in real estate which offers cash flow returns. The fundamentals of cash flow type properties had been turned upsi...
Get in the LoopGetintheloop Marketing Ltd. recently launched their membership platform, Getintheloop.ca. The new website offers an exclusive members area for access to discounts in the South Okanagan on premium res...
_
- Taxman and the offshore tax havens
- Sharktopus views turns on YouTube TV
- Social media makes Disney blink
- BCE looks to cut $170 million
- TD Bank: Loonie could fall to 90 cents US
- Mixed results for North American markets
- Ex-Enron CEO cuts new deal
- Canadian dollar nudges upward
- Microsoft extends agreement with Yahoo
- Iamgold profits drop 91 per cent in Q1
- Rogers puts pressure on Bell Astral deal
- Beer company roots for Canadian teams

Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here













