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Tempted to invest in a U.S. tobacco stock? For Canadians, now's the time Add to ...

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If you’ve been wondering what to do with those hefty Canadian dollars rattling around your pockets, now could be an ideal time to invest in a U.S. tobacco stock.

The loonie is trading at about 79 cents against the U.S. dollar, up about 6 cents since the start of May, following hawkish comments from the Bank of Canada and a quarter-percentage-point rate hike last week.

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