immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Government Shutdown

government shutdown: The loonie was down 0.06 of a cent to 96.79 cents US, off early lows as prices for oil and copper turned positive, according to 660 News. Market reaction to the partial government shutdown, which started Tuesday, has been relatively muted on hopes that it wont last too long and TORONTO The Canadian dollar closed slightly lower Wednesday amid no sign of a break in Washingtons budget impasse, which has forced a partial shutdown of U.S. government operations and undermined confidence in the U.S. economy. Gold also made strong gains as the Washington standoff made the precious metal attractive as a safe haven investment. (www.immigrantscanada.com). As reported in the news.