Stock futures pointed to a higher opening for Canada's main stock index on Tuesday, as investors digested the country's economic data.
The S&P/TSX composite index was negative by 35.88 points to close at 14,432.38, with March futures up 0.1%.
The Canadian dollar was down 0.05 cents to 85.95 cents U.S. early Tuesday.
Encana will sell some natural gas gathering and compression facilities in British Columbia it owns jointly with a unit of Mitsubishi Corp to Veresen Midstream LP.
Enbridge said on Monday it was rationing space on its Ozark crude oil pipeline for January, and its Spearhead pipeline for January and February.
Barclays cut the target price on MEG Energy to $24.00 from $25.00
CIBC cut the target price on Northern Blizzard Resources to $17.00 from $19.00.
Canaccord Genuity upped the price target on Prometic Life Sciences to $3.00 from $2.50
On the economic beat, Statistics Canada revealed this morning that real gross domestic product grew 0.3% in October, following a 0.4% increase in September. The agency attributes the rise to educational services, mining and oil and gas extraction as well as manufacturing.
ON BAYSTREET
The TSX Venture Exchange skidded 8.18 points Monday to 668.36
ON WALLSTREET
U.S. stock futures were fairly flat ahead of the opening bell.
Ahead of the opening bell, futures for the Dow Jones Industrials gained 36 points, or 0.2%, to 17,933. Futures for the S&P 500 picked up 3.5 points, or 0.2%, to 2,076, and futures for the NASDAQ inched up eight points, or 0.1%, to 4,299.75.
Walgreens is set to release quarterly earnings ahead of the open.
On the economic side, the Bureau of Economic Analysis will release its third estimate of U.S. gross domestic product this morning. According to the latest reading, GDP expanded by 3.9% in the third quarter, which was better than expected.
The Census Bureau will also announce new home sales data from November at 10 a.m. ET. The data missed expectations in October.
The discount retailer Family Dollar is meeting today with shareholders to vote on whether or not to join forces with Dollar Tree
European markets were edging higher in early trading, while most Asian markets either closed with losses or ended the day unchanged.
One of China's richest men -- Wang Jianlin -- brought his real estate group Dalian Wanda to market Tuesday on the Hong Kong stock exchange. The shares were priced at $48 U.S. each but slipped by about 3% on their debut.
The Chinese billionaire is heavily invested in real estate, hotels, entertainment and luxury yachts. He's also been looking at buying Lions Gate, the studio behind "The Hunger Games" movies.
Oil prices climbed 70 cents to $55.96 U.S. a barrel
Gold prices slid $1.20 to $1,178.60 U.S. an ounce.
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