Country: CA | Published: 2026-09-23
Canadian markets continue to trade in a holding pattern, with oil staying subdued on Middle East diplomacy hopes and the loonie reflecting that commodity softness. Rate expectation
Canadian markets continue to trade in a holding pattern, with oil staying subdued on Middle East diplomacy hopes and the loonie reflecting that commodity softness. Rate expectations are shifting, with markets now pricing in several Bank of Canada moves by mid-year, a sign growth concerns are weighing on the outlook. On the corporate side, mining names remain active in raising capital, while the broader AI-driven tech rally abroad continues to pull attention away from domestic resources.