Archives from day » 05, April 2010

Work on U.S. Customs Starts April 12

span style=”font-size:85%;”(Dave Battagello — Windsor Star)br //spanbr /Customs plaza improvements on the U.S. side of the Detroit-Windsor Tunnel are scheduled to begin April 12.br /br /The multimillion-dollar construction work will last several months and includes two phases — the first to add another inspection booth, plus modifications to lanes 1 and 2. That work should be completed by June. A second phase will see creation of a bus processing area, expansion of the secondary inspection plaza and improvements to the U.S. customs office space. Read more a href=”http://www.windsorstar.com/Work+customs+starts+April/2764212/story.html”here/a.


Canadian Dollar Inches Closer to Parity

span style=”font-size:85%;”(Paul Vieira — Financial Post)/spanbr /br /The Canadian dollar inched ever closer to parity Monday morning, as traders rushed back into the markets on strong U.S. jobs data released Good Friday. And according to currency analysts, it is only a matter of days, maybe hours, before the loonie crosses the US$1 mark.br /br /“All the stars have aligned for the Canadian dollar. Almost every single factor we look at is in favour of a Canadian dollar that is at or beyond parity on a sustainable basis,” said Camilla Sutton, Scotia Capital’s director of foreign exchange, suggesting parity could come at any moment. “We are not far now.”br / br /As of 11 a.m. ET, the Canadian dollar was trading at the 99.70 US cents range, up from Thursday’s finish of 99.17 US cents and the highest level since July 2008. Read more a href=”http://www.globaltvbc.com/money/Canadian+dollar+inches+closer+parity/2764820/story.html”here/a.