The Canadian dollar pushed higher 0.14 cents to 70.97 cents U.S. Reliance Worldwide said on Monday that no rival bidder emerged during the "go shop process under Brookfield's proposed acquisition of the Australian firm. Brookfield shares lost 13 cents to $36.49. Air Canada fell 68 cents, or 3.1%, to $21.31, after brokerage Jefferies cut the stock's rating to "underperform" from "hold" On the economic scene, Statistics Canada reported its Consumer Price Index rose 3.1% year over year in September, following a 3.0% increase in August. On a seasonally-adjusted monthly basis, the CPI increased 0.4% in September. All but two of the 12 subgroups were negative midday, weighed most utilities, sliding 1.6%, while telecoms lost 1.
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