economic uncertainty equates to Canadian economic uncertainty — as they sneeze, we get a cold, Jack Spitz , managing director of foreign exchange at National Bank of Canada in Toronto, said in a phone interview. There will be a deal, but the uncertainty, combined with less-than-stellar economic releases in Canada, continues to weigh on the Canadian dollar. The loonie, as the currency is nicknamed for the image of the aquatic bird on the C$1 coin, fell against 13 of its 16 most-traded peers this week in trading in Toronto. The currency appreciated 0.1 percent to C$1.0294 per U.S. dollar this week after touching C$1.0356 on Oct. 2, the weakest level since Sept. 16. One Canadian dollar buys 97.14 U.S. cents. Bonds Fall Canadas benchmark 10-year government bond declined for the first time in four weeks, pushing yields on the benchmark security up two basis points, or 0.02 percentage point, to 2.58 percent. The price of the 1.5 percent security due in June 2023 fell 18 cents to C$90.85. The U.S. government began its first partial shutdown in 17 years on Oct.
production in the Gulf of Mexico, but the benchmark Toronto index ended the week lower. As the storm moved through the Gulf, the price of oil rose on supply concerns. That took some of the attention away from the U.S. government shutdown, which had consumed the market all week. With the shutdown dragging into a fourth day, investors watched closely as Republican members of the House of Representatives held their ground in a standoff with President Barack Obama. But the market appeared to shrug off fears that U.S. lawmakers will fail to resolve the budget crisis and prevent a debt default. “There’s a certain amount of fatigue from several days of losing trade,” said John Stephenson, senior vice president at First Asset Investment Management Inc, adding that investors expect a resolution soon. “Today the story is all about energy,” he said. “Investors are looking around and saying energy looks attractive.” Investors are starting to see value in Canadian energy stocks because of consistently performing large-cap names, attractive valuations, and a world that’s becoming more energy-dependent, Stephenson said. The Toronto Stock Exchange’s S&P/TSX composite index closed up 23.53 points, or 0.18 percent, at 12,758.65.
“This new branch means another convenient location where we can welcome our Saskatoon customers and provide them with exceptional service, great advice and comfortable banking.” Features of the new branch include: An open concept design that helps TD serve customers better by moving financial specialists out from behind desks and in front of customers. Digital displays mounted throughout the branch to provide customers with current information about TD products and services. A customer lounge with coffee station lets customers wait in comfort if they arrive early for an appointment or are waiting for their friends or family to complete their banking. An automatic coin counter available to customers to bring unwrapped mixed coins to sort and exchange for bills or to deposit into their account. A community wall shares a pictorial story about the area. The current display features projects funded by the local chapter of the TD Friends of the Environment Foundation and includes space for community groups to post flyers about upcoming events. As part of TD Canada Trust’s extended hours the branch is open Monday through Wednesday from 8:00 am to 6:00 pm ; Thursday and Friday from 8:00 am to 8:00 pm ; Saturday from 8:00 am to 4:00 pm ; and Sunday from 11:00 am to 4:00 pm . The new branch is wheelchair accessible and features a full-service Green Machine ATM and drive-through ATM available 24 hours a day, 7 days a week. The $5,000 donation to Confederation Park Community School outdoor garden and outdoor classroom project is part of TD’s strong commitment to the environment and the community. Funds will be used to maintain the gardens and the purchase of seeds, plants and equipment. About TD Canada Trust TD Canada Trust offers personal and business banking to more than 11.5 million customers. We provide a wide range of products and services from chequing and savings accounts, to credit cards, mortgages and business banking, to credit protection and travel medical insurance, as well as advice on managing everyday finances. TD Canada Trust makes banking comfortable with award-winning service and convenience through 24/7 mobile, internet, telephone and ATM banking, as well as in over 1,100 branches, with convenient hours to serve customers better.
The Nokia Lumia 1020 makes it easy for anyone to take professional quality images thanks to leading hardware technology combined with a new application called Nokia Pro Camera. Either before a picture is taken or after it has been shot, the zoom capability enables people to discover and then rediscover the personal stories each image can tell. With a beautiful interface that visually demonstrates how settings will affect the final photo or video, Nokia Pro Camera makes it easier than ever to capture, edit and share photos and videos with unrivaled clarity. Using a new feature called dual capture, the Nokia Lumia 1020 simultaneously takes a high resolution 38 megapixel image for endless editing opportunities, and creates a 5 megapixel picture that is easy to share to social networks with Windows Phone 8. The Nokia Lumia 1020’s 41 megapixel sensor features leading ZEISS optics with six physical lenses, plus Optical Image Stabilization, delivering crystal clear pictures even in low light conditions. It also captures blur-free videos with stereo sound even at the loudest concerts thanks to Nokia Rich Recording, which handles sound pressure levels six times louder than conventional smartphone microphones. The new Nokia Camera Grip is an accessory that easily clips onto the smartphone, giving a more robust grip. It has a camera button that is of a similar size and in a similar position to SLR cameras giving better ergonomics for advanced shooting. It also has a tripod mount, and a 1020mAH battery boost, allowing users to take even more photos or videos. The Nokia Camera Grip comes in two colours (matte black and matte yellow) and will be available starting today for a suggested retail price of $75.00. “The Nokia Lumia 1020 is a giant leap forward in smartphone imaging technology, removing the complexity of photography while enhancing people’s creativity in the way they shoot, edit and share pictures,” said Matt Rothschild, Vice President, Nokia North America. “The Nokia Lumia 625 is the perfect all-round smartphone, combining innovation traditionally found on high-end Lumias, with a suave design and affordable price tag.” Both smartphones come with full global navigation (the latest versions of our HERE experiences), and with ad and subscription-free Nokia Music streaming. As with all Windows Phones, Live Tiles update direct to the home screen, and People Hub makes it easy to stay connected with friends and family. Windows Phone 8 also includes Xbox Live, Microsoft Office, and 7GB of online SkyDrive storage to simply make life easier. Both the Nokia Lumia 1020 and 625 are available in Canada on October 3.