CANADA STOCKS-Gold stocks drive TSX higher as investors await Fed, BoC decision
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Canada's main stock index, the S&P/TSX Composite, rose 0.5% driven by gold stocks, as investors await decisions from the U.S. Federal Reserve and Bank of Canada. The index has surged over 26% in 2025, outperforming U.S. indexes, supported by commodity and financial shares. Gold-mining shares led gains, with Perpetua Resources, Harmony Gold, and Orla Mining seeing increases. Utility stocks also rose, with TransAlta advancing 7%. MDA Space gained 4.7% after a strategic partnership, and Brookfield Corporation announced C$1 billion in medium-term notes.
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