The US dollar advanced against the Canadian dollar on Tuesday May 5 2026, gaining 4bps from 1.3611 at the previous close to 1.3617. One Canadian dollar bought US$0.734, down from US$0.735 at Monday’s close. The rate sits 102bps below its 30-day average of 1.3757, as the Canadian dollar recovered ground. The previous close was recorded at the Bank of Canada’s official daily fix on Monday May 4 2026.