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Canada's TSX Drops Amid Economic Contraction, Energy Shares Rise

2/28/2026

36 8 Full Breakdown

Summary

Story summary

Canada's S&P/TSX Composite Index fell 0.4% to below 34,500 after Canada posted a 0.6% contraction in Q4 2025.
The decline was driven by a $23.5 billion inventory drawdown and export fluctuations tied to U.S. trade policies.
Bombardier's CEO noted growth opportunities in India.
Fairfax Financial is poised to acquire a majority stake in IDBI Bank.
Energy shares rose, with Canadian Natural Resources up 1.4% as oil prices climbed.

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Story summary

Canada's S&P/TSX Composite Index fell 0.4% to below 34,500 after Canada posted a 0.6% contraction in Q4 2025.
The decline was driven by a $23.5 billion inventory drawdown and export fluctuations tied to U.S. trade policies.
Bombardier's CEO noted growth opportunities in India.
Fairfax Financial is poised to acquire a majority stake in IDBI Bank.
Energy shares rose, with Canadian Natural Resources up 1.4% as oil prices climbed.