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Canada's TSX Hits Record High Amid Economic Optimism

9/12/2025

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Story summary
  • Canada's S&P/TSX composite index reached a record high of 29,407.89, rising 228.50 points on September 11, 2025.
  • This increase followed U.S. data that bolstered expectations for Federal Reserve interest rate cuts.
  • Prime Minister Mark Carney announced five major projects for fast-track approval, including plans to double liquefied natural gas production in British Columbia.
  • The industrial sector rose by 1.6%, with Aecon Group and Bird Construction experiencing notable stock gains.
  • Broader market gains in healthcare, semiconductors, and banks reflected increasing investor confidence.