Canadian Stocks Gain as Materials and Energy Offset Policy Uncertainty
The S&P/TSX Composite Index closed up 0.24% on Wednesday as commodity gains balanced central bank uncertainty. Energy and materials sectors led the rebound.
Insights:
The S&P/TSX Composite Index closed up 79.67 points, or 0.24%, at 33,176.07 on January 28, 2026, in Canada 
CA. This recovery from earlier losses came as market participants processed a decision by the Bank of Canada to keep interest rates unchanged, leaving the policy rate at 2.25%. Bank of Canada Governor Tiff Macklem tiff macklemsaid a high level of geopolitical and trade uncertainty made it difficult to predict the timing and direction of the next rate change.
CA. This recovery from earlier losses came as market participants processed a decision by the Bank of Canada to keep interest rates unchanged, leaving the policy rate at 2.25%. Bank of Canada Governor Tiff Macklem tiff macklemsaid a high level of geopolitical and trade uncertainty made it difficult to predict the timing and direction of the next rate change.
