Canadian stock market slides amid mixed U.S. performance, higher oil prices
The S&P/TSX composite index was down 150 points on Wednesday
- By: Daniel Johnson, The Canadian Press
- March 11, 2026 March 11, 2026
- 15:56
The S&P/TSX composite index was down 150 points on Wednesday
Housing construction activity exceeded the 10-year average across most major markets
Debt issued by governments, companies declined to net $243B from $282B
The IEA was created in the aftermath of the 1973 oil crisis
Consumer prices rose 2.4% in February on an annual basis
The April crude oil contract was down US$11.32 at US$83.45 per barrel
Freight volumes up 8% while crude oil exports nearly doubled
Jump of 22% compares with 6.6% rise in December
April crude contract spiked to nearly US$120 before easing to under US$95
Higher oil price to benefit oilpatch, but will drag on consumer spending
Latest jobs numbers, energy prices and other economic indicators moving in wrong direction
Aim is to give employers, job seekers view into gaps and opportunities in important sectors
Clearest impact seen in decelerating rental, housing markets
Prices moderate on report that some G7 nations may release some of their strategic reserves
Market reversal comes late in the day on hopes Iran War will be shortlived
U.S. employers cut 92,000 jobs last month, a sign that the country’s labour market continues to struggle
"It’s a tense time for the U.S. economy," says chief economist Heather Long
“You can’t sugarcoat this report,” said Brian Jacobsen, chief economic strategist at Annex Wealth Management
The S&P/TSX composite index was down more than 300 points on Thursday
Project reveals how potential gains are offset by added risks, costs
Improving affordability could slow new housing supply, report says
On Thursday, the price of oil spiked to its highest level since the summer of 2024
It's the country's lowest annual growth target since 1991
51% of those surveyed reported being stuck in entry-level positions
In financial markets, worries are centred on how long the war with Iran could last