Scotia Capital expects that by year-end dollar / Canada will fall to 1.04

Canadian dollar before the end of this year to expand on the 2.8% relative to the U.S. currency to 1.0400. The reason for this will be a global economic recovery, increased government support commodity projects, according to today's comments, Scotia Capital. "Given the current conditions, the prospects for commodity currencies, which include the Canadian dollar, look very favorably," - says Camilla Sutton, an analyst at Scotia.