
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 0.1% higher at C$1.3757 to the greenback, or 72.69 U.S. cents, after trading in a range of 1.3747 to 1.3782.
Canadian government 10-year bond yields CA10YT=RR rose 0.5 basis points to 3.18%. The yield on similar U.S. government benchmark debt rose to 4.0566%.
U.S. October crude CLc1 futures rose 83 cents to $64.13 a barrel on Tuesday.
Canadian housing starts in Augustfell more than expected to 245,800 units from a revised 293,500 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said.
A survey of 12 economists polled by Reuters had forecast August housing starts falling to 277.5,000 units.
Canada's annual inflation rate accelerated to 1.9% in August, up from 1.7% in July, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 2%