Toronto Stocks Tick Higher, Look to End Week At New High

marketscreener
2026.01.16 17:35
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Toronto's S&P/TSX Composite Index rose by 13.77 points to 33042.69, positioning it for a record finish with a weekly gain of 1.3%. Energy stocks led the gains, while technology and finance lagged. Bombardier's stock increased by 2.4% following production expansion news, and Cameco's shares rose by 4.3%. Additionally, Canada and China agreed to lower tariffs on electric vehicles and canola, aiming to strengthen trade relations amid U.S. protectionism.