The Canadian dollar fell against most major on Monday, despite a rebound in oil prices, which is one of the main Canadian exports.
Most countries around the globe launched vaccination campaign and re-imposed lockdown to contain the pandemic and stop its spread.
Several countries resumed using the Oxford-AstraZeneca Covid-19 vaccine, after cases of blood clots appeared and led to deaths.
As of 14:46 GMT, WTI crude April futures rose 0.8% to $61.9 a barrel, after hitting a high of $61.9 and a low of $60.3.
Brent May futures rose 0.6% to $64.9 a barrel, after hitting a high of $64.9 and a low of $63.4.
As of 15:01 GMT, CAD/USD rose 0.2% to 0.7983, after hitting a high of 0.8019 and a low of 0.7961.