The Canadian dollar appreciated 0.4 percent to C$1.0444 per U.S. dollar at 9:32 a.m. in Toronto, from C$1.0485 yesterday. The currency gained 1.6 percent on Aug. 21. One Canadian dollar buys 95.74 U.S. cents.
Canada's currency will slip to C$1.10 against the U.S. dollar by the end of 2009, according to the median forecast of economists surveyed by Bloomberg News.
The yield on the two-year Canadian government bond declined 1 basis point, or 0.01 percentage point, to 2.83 percent. The price of the 2.75 percent security due in December 2010 rose 1 cent to C$99.84. The 10-year bond's yield rose 1 basis point to 3.56 percent.