Crude oil gained ahead of a government report today that may show U.S. gasoline inventories dropped for a third week. Gold and copper rose. Commodities account for about half of Canada's exports.
The Canadian currency rose 0.3 percent to C$1.0185 per U.S. dollar at 8:36 a.m. in Toronto, from C$1.0213 yesterday. It touched C$1.0327 yesterday, its lowest since Jan. 22. One Canadian dollar buys 98.18 U.S. cents.