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News 2026-10-09 20:39 UTC

TSX Gains on BoC Rate-Hold Bets

The S&P/TSX Composite Index rose 1.5% to close at 35,665 on Friday as weaker employment data reinforced expectations that the Bank of Canada will refrain from hiking rates. Employment fell by 68,300, missing expectations for a 7,000 increase. The unemployment rate edged up to 6.5%, in line with forecasts. Canadian yiel