Interest Rates

interest rates: The Toronto stock market closed lower Friday at the end of a positive week where indications that the U.S. economy didnt take a major weather-related hit this winter helped ease the prospect of higher interest rates, according to The Chronicle Herald. The Canadian dollar was ahead 0.26 of a cent at 89.21 cents US in the wake of a better than expected reading on retail sales for January and slowing price pressures and The SaP/TSX composite index was 26.07 points lower at 14,335.76. (www.immigrantscanada.com). As reported in the news.