After a bright start, the Canadian market retreated a bit, but remains in positive territory about an hour past noon on Tuesday, thanks to gains in materials, healthcare, consumer staples and energy sectors.
The mood is positive amid optimism about some tariff exemptions by the Trump administration. The U.S. President said on Monday that not all proposed levies would be enforced by April 2, with some countries potentially receiving exemptions.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.