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

Updated on
  • Global equities climb as Draghi expands stimulus steps
  • Canadian exports gain in July as trade deficit narrowed

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 days, after a 2.7 percent rout on Tuesday.

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