Oct 19, 2026 7:01am ET
The S&P/TSX Composite finished Friday at 36,176.55, up 39.45 points. Statistics Canada reports September inflation data today, and Bank of Canada governor Tiff Macklem has warned that persistently high global energy prices will push up the inflation outlook at home. In overnight trading oil was at US$98.07, down 0.95, after President Donald Trump's diesel deal with Russia and his delay of further sanctions raised hopes of more supply. The Canadian dollar was at 0.70986 US early today, up 0.00262. On Wall Street, the Nasdaq Composite fell 2.15% on Friday.
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Oct 19, 2026 4:56pm ET
The S&P/TSX Composite closed down 247.92 points at 35,928.63. Statistics Canada reported that annual inflation rose to 3.1% in September from 3.0% in August, with gasoline up 27.8% from a year earlier, a gain it tied to the Middle East conflict. Hawkish remarks from Governor Tiff Macklem pushed money markets toward pricing a Bank of Canada rate hike, even though the inflation reading was softer than expected. In late-afternoon trading the Canadian dollar was at 0.70876 against the US dollar, oil at US$98.43 and gold at US$4,158.0. The Nasdaq Composite closed up 1.11%.
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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.
