CANADA STOCKS-Toronto stocks climb on gold lift, Poloz comments

From Reuters - March 13, 2018

NEW YORK, March 13 (Reuters) - Canadas main stock index rose on Tuesday as gold producers advanced and comments from Bank of Canada Governor Stephen Poloz that indicated the central bank will remain cautious in policy decisions.

* At 11:17AM ET (15:17 GMT), the Toronto Stock Exchanges S&P/TSX composite index rose 60.97 points, or 0.39 percent, to 15,665.76.

* The head of the Bank of Canada said there remains a degree of untapped potential in the Canadian economy, particularly in the labor market, that means the country may be able to generate more growth without higher inflation.

* The gold subsector rose 0.65 percent as pot gold percent to $1,322.36 an ounce following the ouster of U.S. Secretary of State by President Donald Trump.


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