The Canadian dollar weakened against the greenback on Tuesday,
and the yield on benchmark government debt slipped.
The loonie was trading 0.2% lower at C$1.3816 to the
greenback, or 72.38 U.S. cents, after trading in a range of
1.3775 to 1.3822.
Canadian government 10-year bond yields fell 1.3
basis points to 3.732%. The yield on similar U.S. government
benchmark debt rose to 4.6468%.
U.S. May crude futures fell 65 cents to $84.76 a barrel
on Tuesday.
Canadian housing starts in Marchfell more than expected to
242,200 units from a revised 260,000 units the previous month,
the Canadian Mortgage and Housing Corporation (CMHC) said.
A survey of 13 economists polled by Reuters had forecast March
housing starts falling to 245,000 units.
Canada's annual inflation rate accelerated to 2.9% in March,  up
from 2.8% in February, Statistics Canada said. Analysts polled
by Reuters had expected an annual rate of 2.9%