Oct 20, 2026 7:01am ET
The S&P/TSX Composite finished yesterday down 247.92 points, or 0.69%, at 35,928.63. Most global equity markets were weaker early today, with oil prices still elevated; oil was at US$100.74 in overnight trading, up 2.20. The Canadian dollar was firmer in overnight trading, with CAD/USD at 0.71156, up 0.00290. Macklem expects the Bank of Canada to revise its inflation forecast higher. On Wall Street, the Nasdaq Composite finished yesterday up 1.11% at 26,430.89 as AI-related stocks rebounded, while the Dow Jones Industrial Average slipped 0.07%.
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Oct 20, 2026 12:31pm ET
The S&P/TSX Composite was up 180.38 points at 36,109.01 in midday trade, a gain of 0.50% so far today, with reports pointing to strength in technology stocks. The Parliamentary Budget Office lowered its growth outlook, citing U.S. tariffs and Canadian countermeasures, and put real GDP at 0.9% this year and 1.5% in 2027, versus earlier figures of 1.1% and 1.6%. The Canadian dollar firmed, with CAD/USD at 0.71178, up 0.44% so far today. Oil was at US$97.80, down 0.75%, and gold was at US$4,144.5, down 0.37%. Albertans voted against separation in the province's referendum, according to projections.
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Oct 20, 2026 5:11pm ET
The S&P/TSX Composite rose 179.33 points to close at 36,107.96, a gain of 0.50%. The Parliamentary Budget Office cut its growth outlook, citing U.S. tariffs and Canadian countermeasures, and now projects GDP growth of 0.9% this year, from 1.1%, and 1.5% in 2027, from 1.6%. Finance Minister François-Philippe Champagne announced the date for the new federal budget. In late-afternoon trading, the Canadian dollar was at US$0.71128, up 0.37%, while oil was at US$98.24 and gold at US$4,143.2. On Wall Street, the Dow closed up 529.85 while the Nasdaq slipped 6.07.
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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.