Oct 21, 2026 7:01am ET
The S&P/TSX Composite finished yesterday at 36,107.96, up 179.33 points, as broad gains lifted the index. Oil traded at US$99.99 in overnight trading, up 2.22%, with Middle East supply fears persisting and a U.S. inventory report adding to bullish sentiment. The Canadian dollar was at 0.71196 US in overnight trading. An RBC economist noted that inflation in Canada edged higher to 3.1% in September from 3.0% the month before, driven largely by rising energy prices. The Parliamentary Budget Office lowered its growth outlook for 2026-2027, citing U.S. tariffs and Canadian countermeasures.
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Oct 21, 2026 12:31pm ET
The S&P/TSX Composite was up 283.96 points at 36,391.92 so far today, a gain of 0.79%, with technology and financial stocks leading. RBC said Canada's annual inflation rate rose 3.1% in September, up from 3.0% the month before, mostly on higher energy prices, and called a rate hike in 2026 unlikely. Oil was at US$97.19, down 0.64% in midday trade, with no clear catalyst. Gold stood at US$4,147.6, up 0.12%, while CAD/USD was at 0.71095 so far today.
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Oct 21, 2026 4:56pm ET
The S&P/TSX Composite closed at 36,324.99, up 217.03 points, with technology-sector gains cited as a help while U.S. markets also rose. The Canadian dollar was at US$0.71211 in late-afternoon trading, and investors still saw roughly an 80% chance that the Bank of Canada raises its benchmark rate by 25 basis points to 2.50%. Oil was at US$97.65 in late-afternoon trading, down 0.17, as shipping data showed Middle East crude exports recovering. Ottawa pledged $1 billion over three years toward the Ring of Fire road, matching Ontario, within a larger $8.7 billion support package. Teck reported that strike notice from United Steelworkers Local 7619 has reached its Highland Valley Copper mine in B.C.
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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.
