Major Indices
Canada's financial landscape is shaped by several key indices that track market performance:
- S&P/TSX Composite Index: The benchmark for Canadian equities, representing roughly 70% of the market capitalization.
- S&P/TSX SmallCap Index: Measures small-cap performance.
- S&P/TSX Venture Composite Index: Tracks venture companies.
- S&P/TSX Completion Index: Covers mid-cap stocks not in the TSX 60.
- S&P/TSX 60 Index: Comprises 60 large-cap stocks.
- S&P/TSX Capped Financial Index: Focuses on financial services sector.
Canadian Stocks
Community Trends
The mining sector shows strong activity with trending stocks:
- Denison Mines Corp (DML)
- Platinum Group Metals Ltd (PTM)
- Silvercorp Metals Inc (SVM)
- Taseko Mines (TKO)
- Americas Gold & Silver Corp (USA)
👉 Discover top-performing mining stocks
Top Volume Leaders
Financial institutions dominate trading volume:
- Toronto-Dominion Bank (TD)
- Royal Bank of Canada (RY)
- Bank of Nova Scotia (BNS)
- TC Energy Corporation (TRP)
- Bank of Montreal (BMO)
Most Volatile Stocks
High-risk opportunities include:
- City View Green Holdings (CVGR)
- Pegmatite One Lithium (PGA)
- Rio Silver Inc (RYO)
- Highcliff Metals Corp (HCM.H)
Earnings Calendar
Upcoming corporate earnings:
| Date | Company | Expected EPS (CAD) |
|---|---|---|
| July 8 | FTG Firan Tech Group | 0.14 |
| July 9 | AVNT Avant Brands | - |
| July 10 | MTY Food Group | 1.21 |
Fixed Income Markets
Government Bonds
Current Canadian bond yields:
| Maturity | Yield | Price Movement |
|---|---|---|
| 2-year | 2.75% | +0.026% |
| 5-year | 2.75% | +0.026% |
| 10-year | 3.25% | +0.025% |
Economic Indicators
Canada's key economic metrics:
- GDP Growth: 2.3% YoY
- Inflation Rate: 1.7%
- Unemployment: 7%
- Government Debt: 110.8% of GDP
FAQ
Q: What drives TSX performance?
A: The TSX is heavily weighted in financials (30%), energy (18%), and materials (12%).
Q: How does CAD respond to oil prices?
A: As a major oil exporter, CAD typically strengthens with rising crude prices.
Q: When does Bank of Canada meet?
A: The BoC announces rate decisions 8 times annually, with the next meeting scheduled for September 4.
Q: What are Canada's top exports?
A: Crude oil, autos, and forest products lead exports, with 75% going to the US.
Q: How to invest in Canadian ETFs?
Popular choices include:
- iShares S&P/TSX 60 (XIU)
- Vanguard S&P 500 (VFV)
- BMO Equal Weight Banks (ZEB)