AFTER THE BELL: TSX slips after earlier gains

It was a flat day on the TSX, despite gains in the energy and materials sectors.

After earlier gains, Canada’s stock exchange slipped 34 points,  even with seven of the index’s 11 major sectors finishing in the green.

In New York, the Dow moved up 63 points on hopes of a positive outcome from a U.S./China trade meeting.

Another good day on Wall Street marks the longest bull market for the U.S. stock market since World War II.

Meanwhile, the Nasdaq rose 38 points.

Oil jumped 89 cents to $67.32 a barrel on concerns over tighter global supplies, while gold sprung up $6.30 to $1,194 an ounce.

The loonie crept up 6/100ths of a cent to $0.7669 US.

With recreational marijuana legalization set for Oct. 17, investors flocked to Aurora Cannabis and Canopy Growth today, on news of the Ontario Cannabis Store partnering with 26 licensed producers.

Aurora stocks were the most actively traded on Canada’s stock exchange, followed by Canopy Growth. Aurora’s stock price rose more than seven percent to $8.16 a share while Canopy moved up 2.5 percent in value, to $50.26 a share.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Communities mourning the loss of former Chief Frank T’Seleie Sr.

Communities across the Northwest Territories are mourning the passing of former Chief Frank T’Seleie Sr. The former chief is being remembered as a trailblazer for Indigenous rights. Dene National Chief George Mackenzie has issued a statement on behalf of the Dene Nation offering condolences.

NWT ICS to take over operations at Inuvik Warming Shelter

Operational responsibility for the Inuvik Warming Shelter will be transferred to Northwest Territories Integration and Community Services, effective April 1, 2026.

GNWT says “short-term” subsidy will help offset electricity rate increase

The territorial government is introducing a “short-term” cost of living subsidy to offset the rising cost of electricity. While it is unclear how long the subsidy will be in effect, it proposes to offset the increase rates for places like the South Slave facing a 62 per cent rate increase. The cost increases came into effect Feb. 1, following the Public Utilities Board’s approval of an application from the Northwest Territories Power Corporation.

Wrigley school shows elevated lead in one tap, Jean Marie school clear

While a school in Jean Marie River is in the clear, a school in Wrigley has tested positive for elevated lead levels in one water fixture. Chief Julian Yendo School and Community Gym in Wrigley showed elevated lead in drinking water. With 27 tested school results announced to date, 22 sites in the N.W.T. have tested positive for elevated levels of lead in some of their drinking water fixtures.

Call for proposals begins for $1B in infrastructure funds coming North

The call for proposals for the $1B Arctic Infrastructure Fund has officially begun. N.W.T. MP Minister Rebecca Alty said the fund will support projects aimed at connecting the North with the rest of the country, while boosting the economy.