The Canadian PressApril 4, 2014 09:33
TORONTO - The Canadian dollar gained more than half a cent early Friday as the latest jobs figures delivered a few positive surprises on the Canadian economy.
The loonie was up 0.62 of a cent from the previous close to 91.21 cent cents US, after Statistics Canada said 43,000 net new jobs were added in March.
Before the release of the data, the currency was ahead 0.1 of a cent at 7:30 a.m. ET.
Most of the new jobs were part-time positions, and the vast majority of the new jobs went to young Canadians, the agency said.