Canada stock market forecast 2026: TSX hits record highs early, but rate bets and jobs data loom
Canada’s S&P/TSX Composite closed at a record 32,407.02 on Tuesday, surpassing 2026 targets as gold surged and materials jumped 3.1%. Energy lagged with oil down 2%. A Reuters poll had forecast the TSX would end 2026 at 32,125. The Bank of Canada’s next rate decision is set for January 28.