The Canadian stock market advanced Friday amid further dividend increase announcements by several major Canadian companies, and by moves by the Chinese government to control inflation. The S&P/TSX composite index rose 72.53 points to 13,239.47, the highest close since early September 2008. The TSX ended the week up 150.52 points or 1.14%, leaving [...]

Canada’s main stock index rose for a 5th straight day on Friday as a weak U.S. dollar pushed up commodity prices, but soft quarterly results from Royal Bank of Canada (RBC) kept overall gains in check. Gold-mining stocks were among the biggest gainers as gold prices jumped to above $1,400 an ounce as weak [...]