Thu Mar 4, 2010 4:23pm EST Related News CANADA FX DEBT-C$ extends gains ahead of budget, bonds slipThu, Mar 4 2010CANADA FX DEBT-C$ rises for fourth day on Greece movesWed, Mar 3 2010CANADA FX DEBT-C$ up, bonds down, as BoC tweaks stanceTue, Mar 2 2010CANADA FX DEBT-C$ up, bonds lower after Canada rate decisionTue, Mar 2 2010CANADA FX-C$ rises after quarterly GDP beats estimatesMon, Mar 1 2010
TORONTO, March 4 (Reuters) - The Canadian dollar dippedagainst the U.S. dollar after the federal government presentedplans to slay the deficit once the recovery is entrenched. The currency slipped to C$1.0315 to the U.S. dollar, or96.95 U.S. cents, down from C$1.0306 to the U.S. dollar, or97.03 U.S. cents, just before the budget was published. Canadian bonds were little changed across the curve, with abias lower. Closing the stimulus tap and cutting spending sharply afterthe economy recovers will rein in Canada"s record budgetdeficit, the government said on Thursday. [ID:nCFB000108] (Reporting by Ka Yan Ng; editing by Peter Galloway)
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