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CANADA STOCKS-TSX opens lower after inflation data tempers rate cut expectations

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CANADA STOCKS-TSX opens lower after inflation data tempers rate cut expectations

Oct 21, 2025 6:58 AM

Oct 21 (Reuters) - Canada's main stock index opened

lower on Tuesday, with the materials sector leading the decline,

after hotter-than-expected inflation figures prompted investors

to scale back bets for an interest rate cut at the Bank of

Canada's upcoming meeting.

At 9:30 a.m. ET (1330 GMT), Toronto's S&P/TSX composite

index was down 1.2% at 30,070.35 points.

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