Canadian budget to be presented in March: Flaherty

The finance minister says the budget will come in March. It is sure to prompt yet another battle with Liberals, who will threaten to bring down the minority government (again).

Confidence in the economy and in commodities is reflected in the price of the CAD, he says, while adding “We’re done with the Canadian peso..”, the bad old days when the Loonie was very weak.

USD/CAD trades quietly in the 0.9950 area.