Bay Street stocks edged up at open Thursday amid buying across a variety of sectors, with the S&P/TSX Composite Index adding 51.33 points or 0.45 percent to 11,377.41.
The Global Gold Index added over 2 percent, with Agnico-Eagle Mines (AEM.TO), Goldcorp. (G.TO) and Allied Nevada Gold (ANV.TO) adding more than 2 percent each. Alacer Gold (ASR.TO) gained close to 9 percent.
In the oil patch, Vermilion Energy (VET.TO) gained over 4 percent. Niko Resources (NKO.TO) and Baytex Energy Corp. (BTE.TO) moved up around 2 percent each.
CP Rail (CP.TO) moved up over 2 percent after announcing the resignation of Fred Green as president and chief executive, effective immediately.
Meanwhile, Sears Canada (SCC.TO) dived 9 percent after Sears Holdings Corp. (SHLD) announced plans to spin off a minority stake in Sears Canada Inc.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.