The Canadian Dollar: Bank of Canada Survey

Bank of Canada survey: TORONTO - The Canadian dollar advanced Monday after five days of steep losses amid a Bank of Canada survey showing generally upbeat business expectations. , according to Winnipeg Free Press. The Canadian central banks business outlook survey said there are some positive signs for the economy, but firms remain concerned about weak demand and domestic uncertainty. The bank says sales expectations were supported by improvements in the United States. Loonies are pictured in Vancouver, Sept. 22, 2011. THE CANADIAN PRESS/Jonathan Hayward The loonie climbed 0.47 of a cent to 92.2 cents US as the greenback declined against most major currencies. (www.immigrantscanada.com). As reported in the news.