TSX hits new record high as energy and mining shares surge
Canada's main stock index hit a record high today as energy and mining shares led the market. Rising oil prices and gold gains helped the TSX outperform.
Insights:
The S&P/TSX Composite Index in Canada 
CA climbed to a record closing high of 33,594.98 on Thursday, marking an increase of 205.25 points or 0.6%. This move eclipsed the record set just one day prior and reflects a 5.9% rise for the national benchmark since the start of 2026. The day's performance was largely underpinned by gains in energy and metal mining shares, which benefited from commodity-linked price increases and several company-specific developments.
CA climbed to a record closing high of 33,594.98 on Thursday, marking an increase of 205.25 points or 0.6%. This move eclipsed the record set just one day prior and reflects a 5.9% rise for the national benchmark since the start of 2026. The day's performance was largely underpinned by gains in energy and metal mining shares, which benefited from commodity-linked price increases and several company-specific developments.The energy sector saw significant activity as oil prices rose 1.9% to reach $66.43. Among the key players, Cenovus Energy Inc. began drilling at its Christina Lake oil sands site, a move that materially influenced sector performance. MEG Energy Corp. also featured in the day's market movements. These developments, alongside the rise in crude, helped the Toronto market outpace major bourses in the United States 
US year-to-date.
US year-to-date.
