OPPORTUNITY · Export Alberta · Currency & economy
The Canadian dollar closed Friday around 1.3930 per U.S. dollar after trading in a 1.3881–1.3937 range, supported by softer U.S. inflation prints and reduced odds of a Fed rate hike in September, with crude near US$82 (Knightsbridge FX). On the same day, Statistics Canada reported manufacturing sales rose 0.1 per cent to $78.8 billion in June — the fifth consecutive monthly increase — with chemicals up 6 per cent to $6.3 billion and transportation equipment up 2.8 per cent (Advisor.ca).
What it means: A dollar in the high-1.30s keeps Alberta-made goods competitively priced in U.S. and overseas markets, and the manufacturing streak signals order books held up through the summer despite the noise. Use the stability to lock quotes and hedge where you can — a deal or a tariff shock Wednesday will likely move the loonie sharply either way.
Apply this to your business
A 45–60 minute working session with a senior marketing leader. No obligation, just a clear next step.