Stock futures pointed to a higher opening for indexes in Toronto on Wednesday as oil prices extended gains.
The S&P/TSX Composite Index gained 92.35 points to close Tuesday at 15,598.57, with June futures nicking up 0.1%.
The Canadian dollar were virtually unchanged at 74.74 cents U.S. early Wednesday.
TransCanada Corp said its chief operating officer, Alex Pourbaix, is retiring from the company after 23 years in May.
Barclays starts coverage on Caribbean Utilities with underweight rating, and $13 price target
Barclays reinstated coverage on Fortis Inc. with an overweight rating, and a $48.00 price target
CIBC raised the price target on Kirkland Lake Gold to $11.00 from $10.25
ON BAYSTREET
The TSX Venture Exchange subtracted 0.02 points Tuesday to 804.12
ON WALLSTREET
U.S. stock index futures pointed to a mixed open on Wednesday following a rally on better-than-expected economic data in the previous session
Ahead of the opening bell, futures for the Dow Jones Industrials dipped eight points, or 0.04%, to 20,617. Futures for the S&P 500 lost 0.25 points, or 0.01%, to 2,351.25. NASDAQ futures gained 2.5 points, or 0.1%, to 5,407.5.
Paychex and UniFirst are scheduled to report earnings before the bell. Lululemon Athletica and Worthington Industries are both due to report after the market close.
Wednesday also will see existing home sales for February.
In Europe, stocks were mildly lower on Wednesday, after U.K. Prime Minister Theresa May formally began the Brexit process.
In Asia, the CSI 300 in China closed 0.1% lower, while the Nikkei in Japan closed 0.1% higher.
Oil prices gained 23 cents to $48.60 U.S. per barrel.
Gold prices dipped $3.20 to $1,252.40 U.S. an ounce.
