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TSX Down 13 Points at Midday
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TSX Down 13 Points at Midday
Aug 15, 2025 9:45 AM

12:15 PM EDT, 08/15/2025 (MT Newswires) -- The Toronto Stock Exchange is down 13 points at midday on mixed sectors.

The biggest gainer is healthcare, up 2.2%, followed by telecoms, up 0.5%.

Miners and energy are the biggest decliners, both down 0.3%.

There was plenty of economics data out in Canada for market watchers to digest, and dissect.

The Canadian Real Estate Association (CREA) on Friday released statistics on the country's home sales for July. In summary: National home sales were up 3.8% month-over-month. Actual (not seasonally adjusted) monthly activity came in 6.6% above July 2024. The MLS Home Price Index (HPI) was unchanged month-over-month and was down 3.4% on a year-over-year basis, while the actual (not seasonally adjusted) national average sale price was up 0.6% on a year-over-year basis. "Activity continues to pick up through the transition from the spring to the summer market, which is the opposite of a normal year," said Valerie Paquin, CREA chair, in a statement. "Typically, we see a burst of new listings right at the beginning of September to kick off the fall market, but it seems like buyers are increasingly returning to the market."

Meanwhile, wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.7% to $84.7 billion in June, Statistics Canada said on Friday while also providing details on the impact of Canada-US trade tensions on related businesses. On the June figures, StatsCan said sales increased in four of the seven subsectors, accounting for 54.2% of total wholesale sales. It added the largest increases came from the food, beverage and tobacco (+1.7% to $15.6 billion) and the miscellaneous (+2.4% to $10.7 billion) subsectors. Wholesale sales were 3.2% higher in June, compared with the same month one year earlier. In volume terms, wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) increased 0.6% in June.

On the impact of Canada-US trade tensions, StatsCan said feedback from respondents for June highlighted the effects on Canadian wholesale businesses. Wholesale sales were negatively impacted in all seven subsectors, with the machinery, equipment and supplies subsector reporting the highest percentage of impacted businesses (38.3%). The most cited impacts were price increases (22.6%) and change in demand for product (13.8%).

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