Canada Crash: Train And Bus Collide, Multiple Fatalities Reported (PHOTOS)

dollar against most Group of Seven currencies. The loonie, as the Canadian dollar is known for the image of the aquatic bird on the C$1 coin, fell 0.3 percent to C$1.0299 per U.S. dollar at 10:52 a.m in Toronto, paring gains this week to 0.5 percent. One loonie buys 97.10 U.S. cents. Futures on crude oil, the nations largest export, fell 1 percent to $105.30 per barrel in New York . The average price over the past year is $95.39. The Standard & Poors 500 Index dropped 0.1 percent. Yield Spread Benchmark 10-year bonds fell, with yields rising one basis point, or 0.01 percentage point, to 2.72 percent. Two-year government bond yields dropped one basis points to 1.24 percent. The interest-rate gap between Canadian and U.S. two-year government debt narrowed to 90 basis points after widening to 92 yesterday, the most since January. U.S. two-year debt yielded 0.34 percent. Canadas inflation rate slowed in August as the consumer price index rose 1.1 percent from a year earlier, following Julys 1.3 percent pace, Statistics Canada said from Ottawa. The core rate, which excludes eight volatile products, slowed to 1.3 percent from 1.4 percent.

(AP Photo/The Canadian Press, Terry Pedwell) Officials respond to the scene where a city bus collided with a Via Rail passenger train at a crossing in Ottawa, Ontario, Wednesday, Sept. 18, 2013. An Ottawa Fire spokesman told CP24 television there are multiple fatalities and a number are injured from the bus with no injuries on the train. (AP Photo/The Canadian Press, Terry Pedwell) Officials investigate at the scene of a Via Rail train and city bus collision in Ottawa’s west end Wednesday, Sept. 18, 2013. The collision at a level crossing took place at the peak of the morning commute. Passengers on the bus say they screamed at the driver to stop just before the crash, and witnesses on the ground said the bus plowed directly into the side of the passing, four-car train. (AP Photo/The Canadian Press, Adrian Wyld) Emergency personnel look over the crash scene following a collision between a Via Rail train and a city bus at a crossing in Ottawa, Ontario, Wednesday, Sept. 18, 2013. An Ottawa Fire spokesman said there are multiple fatalities and a number of people injured from the bus. (AP Photo/The Canadian Press, Adrian Wyld) A police officer checks the scene following a Via Rail train and city bus collision in Ottawa’s west end Wednesday, Sept. 18, 2013. The collision at a level crossing took place at the peak of the morning commute.