Canadian dollar posts limited gains as services economy shrinks
By Fergal Smith
Published on April 6, 2026.
The Canadian dollar has seen limited gains as the services economy continues to shrink. The loonie was trading 0.2% higher at 1.3915 per U.S. cents, or 71.86 U.N. cents. This comes after the currency hit a near four-month low. Speculation has increased on the Canadian dollar, with non-commercial net-short positions increasing from 1,602 in the previous week. The headline Business Activity Index rose to 47.2 last month from 46.5 in February, but remained below the 50 no-change mark.
Related Articles
Editorial: Violence overshadows local, national politics
In Central Florida, political violence and threats are rising, leading to increased security and disruption, especially in government offices and on social media.
Letters: Increase legislators’ pay
Scott Maxwell advocates for a pay increase for Florida state senators, citing insufficient resources, while critics argue it trivializes the suffering of Christ and political tensions.
Powerful Democratic ally outlines health care affordability plan
The Center for American Progress proposes immediate health care affordability with key policy changes, targeting premium increases and hospital prices, amid growing criticism of industry practices.