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  • H.S. Borji

    Canada’s manufacturing industry remained elevated in November, as exports rose at the fastest pace in more than a year, suggesting Canadian factories were still benefiting from a stronger recovery south of the border. The Royal Bank of Canada’s gauge of Canadian manufacturing activity reached 55.3 in November, unchanged from the previous month. A reading above

  • H.S. Borji

    Strong manufacturing data weren’t enough to lift the Canadian dollar Monday, as the markets awaited a speech from Bank of Canada Governor Stephen Poloz later in the day. The loonie, as the Canadian currency is known, declined 0.4 percent to 0.8832 US. The loonie pared its gains Friday after the Canadian economy contracted unexpectedly in