TSX climbs 0.85 percent on mining strength and gold rally

The TSX rose today as mining gains offset energy losses. Analysts now expect the Bank of Canada to hold rates steady through 2026 amid shifting oil prices.

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The main stock market in Canada edged higher on Tuesday as significant gains in the mining sector helped offset a downturn in energy shares. By mid-morning, the S&P/TSX Composite Index rose 0.85% to reach 33,473.03 points, with four out of ten major sectors trading in positive territory.

The historic Art Deco exterior of the Toronto Stock Exchange building located on Bay Street in Toronto, Canada.
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