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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.

the Canadian Dollar

The Canadian dollar: The S P/TSX composite index slipped 12.76 points to 13,430.01, according to CTV. The Canadian dollar was up 0.22 of a cent at 95.72 cents US, but off earlier highs as the greenback gained in value after the release of the Fed minutes and TORONTO -- The Toronto stock market closed lower Wednesday as minutes from the last meeting of the U.S. Federal Reserve in October failed to provide reassurance that the Fed won't soon start to withdraw economic stimulus. The market was held back by sliding gold stocks, which continued to deteriorate alongside bullion prices, which hit their lowest level since mid-July on worries about when the Fed will begin tapering its US$85 billion of monthly bond purchases. (www.immigrantscanada.com). As reported in the news.