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Reuters reported the loonie’s strongest intraday level since September 16.
Canada’s dollar reached C$1.3969 per U.S. dollar intraday on October 23, Reuters reported at 3:15 p.m. Toronto time.
The report put it near C$1.40, up 0.1 per cent, as oil rose and retail data supported rate-hike expectations.
This was a trading snapshot; the Bank of Canada had not announced its October 28 decision.
Source: Reuters.
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Lucy’s Morning Broadcast — October 24, 2026
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The reported proposal has not been confirmed by the companies.
The group held its first meeting this week and is expected to recommend options to first ministers by July 2027.
The proposed Canadian-dollar purchase includes $32 million in cash and performance-linked consideration; closing is expected later this year.
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