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The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt slipped.
The loonie was trading 0% lower at C$1.3586 to the greenback, or 73.61 U.S. cents, after trading in a range of 1.3572 to 1.3613. Canadian government 10-year bond yields fell 6.6 basis points to 3.937%. The yield on similar U.S. government benchmark debt fell to 4.5747%.The value of building permits in Canada rose 3.4% in August, Statistics Canada said.
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