Weaker-than-expected GDP figures for July have hit the Canadian dollar, which has fallen to its lowest level since the end of March.

The forecast had been for more growth following recent rises, but the data from StatsCan instead revealed that GDP was flat in July and the loonie has weakened against a US dollar which is at a four year high.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

More market watch: