The Canadian dollar weakened against its U.S. counterpart on Wednesday as domestic data showed a surprise decline in retail sales, bolstering expectations the Bank of Canada would begin cutting interest rates in the coming months. Canadian retail sales decreased 0.1% in February, led by a drop in sales at gasoline stations and fuel vendors. Preliminary estimates for March showed that retail sales were flat and manufacturing sales declined 2.8%.
Olympic tennis champion Belinda Bencic has become a mom for the first time, she announced Wednesday. The 27-year-old Bencic and her partner Martin Hromkovič, who is also her fitness coach, posted a photograph on their Instagram accounts with the message “Bella, our love” and Tuesday's date that she was born. The replies included congratulations from top-ranked Iga Swiatek and Viktorija Golubic, who played doubles with Bencic when they won silver for Switzerland at the Tokyo Olympics placed in 2021.
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