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Loonie lower as falling crude prices, shipments send trade deficit higher

2015-01-07 19:27:54| Energy - Topix.net

The Canadian dollar was lower Wednesday amid signs that the collapse in oil prices is adversely affecting Canada's trade balance. The loonie was off 0.22 of a cent to 84.33 cents US as data showed that falling oil exports during November helped push the merchandise trade deficit higher.

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