12:16 PM EST, 11/24/2025 (MT Newswires) -- The Toronto Stock Exchange is sharply higher at midday, up 321 points, with info tech (+4.5%) and miners (+2.3%), the best performers.
Industrials and telecoms are the sole decliners, down 0.2% each.
BMO notes that the key releases later this week include the current account balance for the third quarter (due Thursday) along with real GDP for the third quarter and September and October's advance reading (due Friday). For GDP, BMO is expecting a 0.5% annualized gain for the quarter with September alone at 0.2% (not annualized and a tenth better than its advance reading
In other news, Canada and India have agreed to resume bilateral trade talks. The announcement came this weekend after a meeting between Prime Minister Mark Carney and Indian Prime Minister Narendra Modi on the sidelines of the G20 summit in South Africa. The leaders aim to reach US$50 billion in bilateral trade by 2030. The two countries exchanged about US$31 billion in goods and services last year.
Prime Minister Mark Carney reiterated that Canada is in no hurry to resume trade talks with U.S. President Donald Trump but will speak again with the president "when it's appropriate," the Canadian Press reported.
In stocks, Barrick (ABX.TO) is up 6.2% after announcing that it has struck a deal with the Mali government to resolve a long-running dispute over the Loulo-Gounkoto gold mine.