Canada's January PMI edges up to 50.5 from 50.4 previously, with Production notable by moving...

|By:, SA News Editor

Canada's January PMI edges up to 50.5 from 50.4 previously, with Production notable by moving into expansion territory after contracting the past two months. Employment stayed above 50, but fell to its slowest rate of expansion in a year. Help may be on the way - after spending much of the last few months buying more than $1, the loonie has fallen back to parity with the greenback.