Canadian dollar strengthens on prospect of new trade deal with U.S.
- Posted on August 19, 2026
- By The Globe and Mail
- 1 Views
- 1 min read
In brief
The Canadian dollar gains momentum following optimistic signals about a potential bilateral trade agreement with the United States. President Trump has temporarily halted tariff implementations, granting a three-day negotiation window to finalize the deal. This development indicates growing confidence in resolving trade tensions between the two nations, boosting investor sentiment toward Canadian assets and currency markets.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Canadian dollar strengthens on prospect of new trade deal with U.S.
U.S. President Trump paused a new barrage of tariffs for three days to conclude the talks
