The Canadian dollar weakened against the greenback on Tuesday,
and the yield on benchmark government debt slipped.
The loonie was trading 0.1% lower at C$1.3698 to the
greenback, or 73 U.S. cents, after trading in a range of 1.3667
to 1.3707.
Canadian government 10-year bond yields fell 5 basis
points to 3.369%. The yield on similar U.S. government benchmark
debt fell to 4.208%.
U.S. August crude futures fell $1.4 to $80.51 a barrel on
Tuesday.
Canadian housing starts in Junefell more than expected to
241,700 units from a revised 264,900 units the previous month,
the Canadian Mortgage and Housing Corporation (CMHC) said.
A survey of 12 economists polled by Reuters had forecast June
housing starts falling to 255,000 units.
Canada's annual inflation rate eased to 2.7% in June,  down
from 2.9% in May, Statistics Canada said. Analysts polled by
Reuters had expected an annual rate of 2.8%