12:19 PM EDT, 07/15/2026 (MT Newswires) -- The Toronto Stock Exchange is up just 14 points at midday on Wednesday in choppy trade, with the telecoms and financials sectors the best performers.

Limiting gains are the materials and energy sectors, down 2.7% and 1.4%, respectively.

In economic news, the Bank of Canada kept the benchmark rate at 2.25%. The bank noted in a statement that "sources of economic growth appear to be broadening". It projects the economy will grow by 1.8% in both 2027 and 2028.

In stocks, battery manufacturer Electrovaya ( ELVA ) shares surged over 40% to a record high of C$15.79 after it announced a commercial deal with Amazon (AMZN) for the use of its infinity battery technology in Amazon's material handling operations.