Energy stocks help boost S&P/TSX composite as price of oil moves higher
Global News
Strength in energy stocks as the price of oil moved higher helped boost Canada's main stock index, while U.S. stock markets were mixed in late-morning trading.
TORONTO — Strength in energy stocks as the price of oil moved higher helped boost Canada’s main stock index, while U.S. stock markets were mixed in late-morning trading.
The S&P/TSX composite index was up 11.22 points at 20,193.98.
In New York, the Dow Jones industrial average was up 10.05 points at 34,673.77. The S&P 500 index was down 18.28 points at 4,469.18, while the Nasdaq composite was down 110.99 points at 13,806.91.
The Canadian dollar traded for 73.82 cents US compared with 73.63 cents US on Monday.
The October crude contract was up US$1.98 at US$89.27 per barrel and the October natural gas contract was up 13 cents at US$2.74 per mmBTU.
The December gold contract was down US$11.10 at US$1,936.10 an ounce and the December copper contract was down two cents at US$3.78 a pound.
The competition watchdog said Wednesday that the ongoing investigation into the Canadian furniture retailers looks at three kinds of marketing practices.
The $7.28 billion budget unveiled by Montreal Mayor Valérie Plante includes a promise to increase the city's housing department budget by $100 million over the next three years.
The union representing port supervisors in British Columbia is challenging the legal and constitutional authority of the federal labour minister to order them back to work.
Randy Boissonnault is out of Prime Minister Justin Trudeau’s federal cabinet after months of controversy surrounding his former business.
A volunteer group has donated $60,000 to KHSC’s KidsInclusive as it winds down after 119 years, ensuring support for children’s care over the next five years.
Queen’s University will install North America’s first carbon-sequestering field turf at Nixon Field, enhancing sustainability while supporting sports and research.
Gerry Lichty, North Frontenac mayor, was elected 2025 Frontenac County warden. He aims to tackle rural challenges, with Bill Saunders as deputy warden.
Quebec Premier François Legault says the Sûreté du Québec, the province's police force, will 'conduct visual investigations at the borders.'
When people pass by the white-pillared Beaverbrook Art Gallery starting this weekend, they will be greeted by one of Fredericton's most famous sculptures.
The Toronto Santa Clause Parade faces financial challenges but, with public and government support, they are working hard to secure its future and keep the magic alive.
Governance in Yukon's second-largest municipality has been at a standstill since its newly elected mayor and council refused to pledge allegiance to King Charles.