Despite trade uncertainty following U.S. President Donald Trump's threat of a 100% tariff on Canada, Bay Street is likely to open on a positive note Monday morning thanks to higher commodity prices.
The mood may remain cautious for much of the day's session with investors looking ahead to the monetary policy announcements from the Bank of Canada and the Federal Reserve on Wednesday.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.