The Canadian dollar lost ground today after an unexpectedly weak inflation report for August. Statistics Canada says the consumer price index was up 1.1 per cent in August compared with a year ago. Economists had expected a gain of 1.4 per cent, according to Thomson Reuters. The loonie was down 0.41 of a cent at 76.15 cents US. On the stock market, the S&P/TSX composite index dropped 35.45 points to 14,761.73.
Source: thestar September 23, 2016 15:22 UTC