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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.