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Fossil Fuels Losing Cost Advantage Over Solar, Wind, IEA Says

The cost of producing electricity from renewable sources such as solar and wind has dropped significantly over the past five years, narrowing the gap with power generated from fossil fuels and nuclear reactors, according to the International Energy Agency.

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Oil Markets

Canada Stocks Gain Amid ECB Plans as Energy Shares Jump With Oil

Canada stocks climbed, joining gains in equities around the world after the European Central Bank revamped its quantitative-easing program and pledged to use all tools to bolster growth.Canadian shares advanced 0.4 percent at 4 p.m. in Toronto, paring an earlier advance of as much as 1.2 percent as anxiety about the U.S. government’s jobs report offset stimulus optimism. Energy and financial-services stocks led gains. The Standard & Poor’s/TSX Composite Index has recovered 0.9 percent in two