The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. 

The loonie was trading 0.2% lower at C$1.3678 to the greenback, or 73.11 U.S. cents, after trading in a range of 1.3653 to 1.3731.

Canadian government 10-year bond yields rose 3.8 basis points to 3.447%. The yield on similar U.S. government benchmark debt rose to 4.3835%.

U.S. August crude futures rose 66 cents to $67.23 a barrel on Friday.

The value of building permits in Canada rose 12% in May, Statistics Canada said.