Canada market reports, Friday Oct 9, 2026


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All reports of Oct 23 October 2026 archive

GoldHaven closes $1.0 million flow-through as junior indexes slide

Oct 9, 2026 7:01am ET

The S&P/TSX Composite finished yesterday at 35,145.38, up 0.30%, while the Nasdaq Composite fell 1.25%. In overnight trading oil was at US$90.59, down 0.98%, with reports pointing to President Trump's promise not to attack Iran and China restarting fuel exports. Gold was at US$4,205.4 in overnight trading, up 1.16%, and CAD/USD was at 0.70244. In Ottawa, Conservatives voted with the Liberals to send Bill C-39 to committee. Statistics Canada is due to report September jobs data this morning.

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Discovery Mining signs deal for McEwen's Timmins properties as metals gain

Oct 9, 2026 12:31pm ET

The S&P/TSX Composite was up 414.66 points, or 1.18%, at 35,560.04 in midday trade. Statistics Canada reported that employment fell by 68,000 in September and the unemployment rate rose to 6.5%, and Canada's 10-year bond yield fell as the weak data weighed on the rate outlook. The Canadian dollar slipped 0.34% to 0.70061 against the U.S. dollar so far today. Gold added 1.47% to US$4,218.0, while oil was nearly flat at US$91.53. Alimentation Couche-Tard said it agreed to buy a group of Irving Oil's retail operations in Quebec and Ontario. Equinor said Shell will take a 30% stake in the Bay du Nord project off Newfoundland.

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Metals strength lifts Canadian indexes; McEwen agrees to sell Timmins assets

Oct 9, 2026 4:31pm ET

The S&P/TSX Composite closed up 519.24 points at 35,664.62, a gain of 1.48%, with basic materials among the sectors helping. Statistics Canada reported that employment fell by 68,000 in September and the unemployment rate rose 0.1 percentage point to 6.5%. According to market reports, the soft labour data dimmed bets on higher interest rates and weighed on the loonie, which traded at 0.70112 US in late-afternoon trading, down 0.26%. Oil was little changed at US$91.46 a barrel in late-afternoon trading. On Wall Street, the S&P 500 closed up 0.59% at 7,811.54.

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Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice.


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