Toronto Stocks Advance, Groupe Dynamite Rises on Upgraded Outlook, Special Dividend
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Toronto stocks rose, led by commercial services, materials, and process industries. Groupe Dynamite's shares increased 10% after raising its annual targets and declaring a special dividend. MDA Space and Telesat shares climbed after winning a military satellite contract. TransAlta's shares rose 5% following a deal to convert a coal plant to natural gas. Cronos Group's shares increased after agreeing to acquire CanAdelaar for $67 million.
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