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TSX Technology Sector Shows Strong Q4 Performance
Canadian technology companies on the Toronto Stock Exchange demonstrated robust performance in the fourth quarter, with sector indices gaining 12% amid growing investor confidence in domestic innovation capabilities.
Latest Canadian Business News
Bank of Canada Maintains Key Interest Rate
The Bank of Canada held its overnight rate steady at current levels, citing balanced economic conditions and controlled inflation targets, providing stability for Canadian borrowers.
Canadian Dollar Strengthens Against US Dollar
The Canadian dollar gained 0.8% against the US dollar following positive employment data and rising commodity prices, signaling renewed confidence in the Canadian economy.
Toronto Real Estate Market Shows Resilience
Despite global economic uncertainties, Toronto's real estate market continues to show stability with moderate price growth and consistent transaction volumes.
Canadian Energy Sector Posts Quarterly Gains
Major Canadian energy companies reported strong quarterly earnings, driven by stable oil prices and increased production efficiency across Alberta and Saskatchewan operations.
Montreal Port Expansion Drives Trade Growth
The Port of Montreal's infrastructure expansion project is expected to increase cargo capacity by 35%, positioning Canada as a key North American trade gateway.
Vancouver Tech Hub Attracts International Investment
British Columbia's technology sector continues to draw significant international investment, with three major tech companies announcing new development centers in Vancouver.