Budget extends exploration tax credits as TSX Venture and CSE fallUpdated Nov 6, 2026 7:01am ET MarketsThe S&P/TSX Composite finished yesterday at 35,605.27, down 736.13 points or 2.03%, with losses in technology and base metals cited as a drag. The Nasdaq Composite finished yesterday down 5.52% and the S&P 500 down 4.36%, a steeper slide than in Toronto. Ottawa released Budget 2026, which the Finance Department described as a plan to drive investment, diversify trade and boost productivity. In overnight trading, oil was at US$90.99, up 0.47, gold at US$4,081.4, down 32.1, and the Canadian dollar at US$0.71121, down 0.00209. Venture & CSEThe S&P/TSX Venture Composite finished yesterday at 806.32, down 8.05 points or 0.99%, while the CSE Composite finished at 125.08, down 4.84 points or 3.73%. For explorers, the federal budget lengthens the life of two mineral exploration tax credits to 2032 and brings antimony into the richer of the two incentives, according to a trade report. In overnight trading, gold was at US$4,081.4 and silver at US$52.070, down 0.306. Centerra Gold said the TSX approved another one-year term for its issuer bid, and that its Langeloth facility signed a new $75 million credit facility. Topicus.com, listed on the TSXV, said its subsidiary completed the purchase of all shares of Softland Inversiones. On the crypto side, bitcoin futures were at 76,145 in overnight trading, down 105, after outflows of $530 million from US bitcoin and ether ETFs. Market data
Index levels are Thursday's close, the previous session. Commodities and currencies are overnight trading. Nov 6, 2026 7:00am ET TSX Venture most active
Nov 5, 2026 4:45pm ET TSX Venture gainers
Nov 5, 2026 4:45pm ET CSE most active
Nov 5, 2026 4:44pm ET CSE gainers
Nov 5, 2026 4:44pm ET 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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