Canadian stocks on the rise


Canadian stocks are on a rise as Royal Bank of Canada and Toronto-Dominion Bank had a 0.3 per cent increase, with Canadian Pacific Railway Ltd. Having a 1.8 per cent decrease following the end of merger talks with CSX Corp.

Since September 3, the index has had a near 9 per cent dive, with a five per cent advance for the year. According Bloomberg, Agnico Eagle Mines Ltd. had a 5.3 per cent increase to a total of C$34.05 while B2Gold Corp had a rise of 4.3 per cent to C$2.41 with the increase of raw-materials stocks by 1.5 per cent.

Gold rose by 0.5 per cent to $1,245.70 an ounce in New York while the U.S. dollar took a toll. CJ