Canadian shares are likely to open on a positive note Monday morning, tracking higher crude oil and bullion prices, and firm European markets. With data on Canadian inflation due on Tuesday, investors may stay cautious at higher levels.
In company news, Agnico Eagle Mines Limited (AEM.TO) announced today that it acquired 33,821,842 common shares of Maple Gold Mines Ltd. (TSXV: MGM) on June 21, 2024 at a price of $0.085 per Common Share for total consideration of approximately $2,874,856.57 from several sellers. Agnico Eagle previously owned 40,852,415 common shares of Maple Gold Mines, representing an approximate stake of nearly 12%.
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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.