Canadian Stocks Turning In Mixed Performance In Cautious Trade
(RTTNews) - Canadian stocks are turning in a mixed performance on Thursday with investors largely refraining from making significant moves due to a lack of fresh data, and a holiday in the U.S. for Thanksgiving Day.
Expectations of a rate cut by the Federal Reserve in December aid sentiment, and investors are also looking ahead to Canadian GDP data, due on Friday.
The benchmark S&P/TSX Composite Index was up 28.90 points or 0.09% at 31,209.15 a few minutes past noon.
Badger Infrastructure, Interfor, Northland Power, Aritzia, Brookfield Renewable Partners, Cargojet, Bombardier, Canadian Energy Services, Great West Lifeco, Telus and Parex Resources gained 1 to 2.2%.
Tilray tanked more than 12%. Canopy Growth Corp was down by about 2.3%, while Empire Company, Cascades, Toromont Industries and Wesdome Gold Mines were down 1 to 1.5%.
Data from Statistics Canada showed average weekly earnings of non-farm payroll employees in Canada rose by 3.1% year-on-year to $1,317.09 in September 2025, following a 2.7% year-over-year increase in August.
A separate data from Statistics Canada showed the nation's current account deficit narrowed by C$11.9 billion to C$9.7 billion in the third quarter of 2025.
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