Siriusxm Canada Drops The Puck On 2013-14 Nhl® Season

Canada’s Dollar Falls Against Australia’s as U.S. Shuts Down

“We have exciting things planned for the season along with non-stop coverage from around the league, hockey talk and analysis from your favourite SiriusXM NHL Network Radio and CBC’s Hockey Night in Canada personalities.” In addition to live games, SiriusXM offers the 24/7 hockey talk radio channel, SiriusXM NHL Network Radio, available nationwide on channel 92 on XM and channel 207 on Sirius Premier. SiriusXM NHL Network Radio features live play-by-play, plus hockey talk, news and analysis on shows hosted by Hall of Famer Phil Esposito and hockey experts Scott Laughlin, Denis Potvin, Pierre McGuire, Bob McKenzie, Matt Barnaby, Mick Kern, Mike Ross, and Jim “Boomer” Gordon. Plus, SiriusXM Hockey Night in Canada Radio returns with host Rob Pizzo, Elliotte Friedman, P.J. Stock, Ron MacLean, Don Cherry, and other Hockey Night in Canada personalities as they tackle the hockey issues of the day. On Tuesday, October 1st Scott Laughlin and Rob Pizzo will broadcast live from the 2013 Molson Canadian NHL Face-Off in Montreal, Quebec, where they will be joined by NHL insiders and alumni to discuss developments from across the League. For more information on SiriusXM’s NHL programming visit . About SiriusXM Canada Sirius XM CanadaHoldings Inc . ( XSR.TO ) operates as SiriusXMCanada. SiriusXMCanada, with over 2.3 million subscribers, is the country’s leading audio entertainment company and broadcasts more than 120 satellite radio channels featuring premier sports, news, talk, entertainment and commercial-free music. SiriusXMCanada offers an array of content from the most recognized news and entertainment brands as well as every major sport including the NHL, NFL, MLB and CFL. SiriusXM programming is available on a variety of devices including pre-installed and after-market radios in cars, trucks and boats, smartphones and mobile devices, and consumer electronics products for homes and offices.

“What’s negative for the U.S. growth outlook is also negative for Canada,” said Camilla Sutton, chief currency strategist at Scotiabank in Toronto. The Canadian dollar was at C$1.0312, or 96.97 U.S. cents, weaker than Monday’s close of C$1.0303, or 97.06 U.S. cents. The shutdown also cast uncertainty on two other points of focus for markets: the looming deadline to raise the U.S. debt ceiling and the potential path of the Federal Reserve’s economic stimulus program. The next big political battle lawmakers face is raising the $16.7 trillion debt ceiling by mid-October. Failure to do so would force the United States to default on some payment obligations, and Tuesday’s government shutdown raised investors’ concerns about politicians’ ability to come to an agreement. While the political wrangling has shifted some attention away from monetary policy, analysts were also trying to gauge what impact a drawn-out shutdown could have on the Fed’s current efforts to prop up the economy. The central bank surprised markets last month by holding the pace of its $85 billion a month in bond purchases steady. “We know the Fed has already delayed tapering once on the back of what could potentially happen in U.S. political gridlock, so should this be a prolonged shutdown, that suggests the Fed could delay again,” said Sutton. At home, investors will be watching a speech from Bank of Canada Senior Deputy Governor Tiff Macklem, scheduled for later in the day.

The currency, called the loonie, fell against the majority of its most-traded peers as debate looms on raising the U.S. debt ceiling within three weeks. Australias dollar climbed after the nations Reserve Bank left borrowing costs unchanged today. A partial shutdown of the federal government would cost the U.S. at least $300 million a day in lost economic output at the start, according to IHS Inc. Weve got uncertainty whether or not Canadian exports to the U.S. are going to rebound sharply over the next several months with this uncertainty over the government shutdown and the U.S. economic outlook. David Watt , chief economist at the Canadian unit of HSBC Holdings Plc, said in a phone interview. It makes sense the Canadian dollar would lag its commodity peers during an episode such as this. It will behave more like the U.S. dollar because of the close ties. The loonie, nicknamed for the image of the aquatic bird on the C$1 coin, gained 0.1 percent to C$1.0302 per U.S.