Bank Shares Lift Canada Markets
Canada's benchmark TSE 300 index shot higher Friday to close up 94.8 points to 7765.6. Of the 14 subindexes, 12 rose -- led by the paper and forest products sector gaining 1.4 percent. Bank shares also climbed higher. The Bank of Canada is expected to cut interest rates next week by a quarter percentage point to 4.5% at the completion of its policy-setting meeting on Tuesday.
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