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Canada's federal budget was due on March 19 and could provide fiscal stimulus to a slowing economy. Most economists expected modest measures.
Longer-term forecasts see the loonie possibly falling toward 71 US cents over the next year.
Fiscal stimulus would be a short-term support for the CAD, but a weaker longer-term loonie would keep Canadian oilseed exports price-competitive abroad.
financialpost.comVictor FerreiraMar 19, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
