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Apr 7, 2015

TSX hits one-month high as resources gain

TORONTO, April 7 (Reuters) – Canada’s main stock index
advanced to its highest in a month on Tuesday, lifted by
strength in its energy and mining sectors as oil, copper and
other commodities prices climbed.

The benchmark index recorded its fourth straight daily gain
as it benefited from recent strength in commodity prices,
including a 6 percent jump in U.S. crude oil in the
previous session.

Apr 2, 2015

TSX rises as U.S. data, energy shares offer support

TORONTO, April 2 (Reuters) – Canada’s main stock index rose
on Thursday as shares of energy producers held on to gains
despite falling oil prices, while most other major sectors were
lifted by positive U.S. economic data.

Oil prices dropped as Iran and world powers reached a
preliminary pact on Tehran’s nuclear program. The agreement may
eventually lead to higher Iranian oil exports.

Apr 2, 2015

TSX climbs on U.S. economic data; oil shares gain

TORONTO, April 2 (Reuters) – Canada’s main stock index
advanced on Thursday as shares of oil producers shrugged off a
decline in crude prices, and positive U.S. economic data helped
drive gains in most other sectors.

Oil prices dropped as Iran’s negotiations with major global
powers on its nuclear program continued, adding to uncertainty
about whether it will be allowed to increase its oil exports,
which would add to global oversupply.

Apr 2, 2015

Canadian equity offerings surge in first quarter on energy deals

TORONTO, April 2 (Reuters) – Royal Bank of Canada
topped Canadian equity issuances in the first quarter, lifted by
a surge in financings for energy companies looking to beef up
their balance sheets in the face of sluggish oil prices, Thomson
Reuters figures showed on Thursday.

Bank of Nova Scotia and Deutsche Bank
came in second and third, respectively, while BMO Capital
Markets and CIBC World Markets rounded out the top five,
according to the data.

Apr 1, 2015

Oil and gold price rallies boost TSX resource stocks

TORONTO, April 1 (Reuters) – Canada’s main stock index
gained on Wednesday as rising prices for commodities such as oil
and bullion bolstered the energy and mining sectors, which
together make up almost a third of the index.

Oil prices jumped after three days of losses as U.S. crude
output fell for the first time in two months. Gold also
rallied after a downbeat U.S. jobs report suggested policymakers
there could delay a tightening of U.S. monetary policy.

Apr 1, 2015

TSX steady as a resource gains offset by banks

TORONTO, April 1 (Reuters) – Canada’s main stock index was
little changed on Wednesday as strength in the price of
commodities such as oil and bullion helped drive gains in the
energy and mining sectors, offsetting weakness in the financial
sector.

Oil prices were higher as negotiations over Iran’s nuclear
program dragged on.

Mar 31, 2015

Bank of Montreal CEO sees M&A upside from oil price slump

TORONTO, March 31 (Reuters) – Battered oil prices are
expected to spur mergers and acquisitions in the energy sector
and drive advisory fees for the Bank of Montreal, Chief
Executive William Downe said on Tuesday.

Canada’s No. 4 lender, which is not looking at making major
acquisitions at the moment, also expects consumers to step up
spending as the sluggish oil price leaves them with more cash,
he said.

Mar 30, 2015

Surge in Catamaran shares helps TSX climb

TORONTO, March 30 (Reuters) – Canada’s main stock index rose
on Monday, buoyed by modest advances in the financial and energy
sectors and a sharp increase in Catamaran Corp’s price
after UnitedHealth Group Inc agreed to buy the
pharmacy-benefits manager.

Catamaran’s shares shot up 24.7 percent to C$75.88, helping
drive a 7 percent gain in the healthcare sector.

Mar 30, 2015

Bank, Catamaran shares drive TSX higher

TORONTO, March 30 (Reuters) – Canada’s main stock index
climbed on Monday, supported by advances in the financial sector
and a jump in Catamaran Corp after UnitedHealth Group
Inc agreed to buy the pharmacy benefit manager.
.

Catamaran’s shares shot up 25 percent to C$76.05, helping
drive a 7 percent gain in the healthcare sector.

Mar 25, 2015

TSX rises with resource stocks as commodity prices gain

TORONTO, March 25 (Reuters) – Canada’s main stock index rose
higher on Wednesday as a weaker U.S. dollar helped fuel gains in
commodity prices, pushing up shares in the energy and
gold-mining sectors.

Recent weakness in the U.S. dollar, which has been under
pressure since the Federal Reserve released comments on its
outlook for interest rates last week, has provided a boost to
commodity prices. On Wednesday, the price of oil jumped 2
percent and the bullion price gained 0.5 percent.