Canadian TSX Index Hits Record High Amid Commodity Surge

Canada's S&P/TSX Composite Index soared to a record 33,144.98, buoyed by gains in materials and energy sectors, despite geopolitical tensions and tariff threats.

Insights:
Canada's S&P/TSX Composite Index achieved a record closing high of 33,144.98 on January 23, 2026, marking a significant milestone for the Canadian equity market. The index rose 0.4% on the day, adding 142.28 points, and recorded a weekly gain of 0.3%. This achievement eclipsed the previous record set on Monday, underscoring the market's resilience amid ongoing geopolitical tensions and looming tariff threats from the United States USUS.
The Art Deco facade of the original Toronto Stock Exchange building is visible on Bay Street in Toronto, Ontario, Canada, on January 23, 2019. REUTERS/Chris Helgren
The Art Deco facade of the original Toronto Stock Exchange building is visible on Bay Street in Toronto, Ontario, Canada, on January 23, 2019. REUTERS/Chris Helgren
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