Politics
Canadian Dollar Hits Nearly One-Month High After Alberta Vote
Key Points
Canadian Dollar Hits Nearly One-Month High After Alberta Vote The Canadian dollar posted its best day in roughly four weeks and outperformed most of its Group-of-10 peers after voters in the province of Alberta rejected the idea of separating from Canada. The Canadian dollar rose as much as 0.55% against the US dollar, the best day for the currency since Sept. 22 after about 76% of Albertans voted in favor of remaining in Canada in a referendum Monday. The result is a victory for Prime...
Canadian Dollar Hits Nearly One-Month High After Alberta Vote
The Canadian dollar posted its best day in roughly four weeks and outperformed most of its Group-of-10 peers after voters in the province of Alberta rejected the idea of separating from Canada.
The Canadian dollar rose as much as 0.55% against the US dollar, the best day for the currency since Sept. 22 after about 76% of Albertans voted in favor of remaining in Canada in a referendum Monday. The result is a victory for Prime Minister Mark Carney after a campaign that created divisions in Canada’s energy heartland. Voters rejected a ballot option to hold a binding referendum on independence as early as 2027.