Stock futures pointed to a higher start for Canada's main stock index on Wednesday
The S&P/TSX composite index gained 58.24 points to conclude Tuesday at 15,073.65, with Wednesday futures up 0.1%.
The Canadian dollar dipped 0.02 cents to 88.80 cents U.S. early Wednesday.
Santander's Mexico arm said on Tuesday that it had agreed to buy around 4.1 billion pesos ($299.8 million) worth of consumer loans from Scotiabank's Mexico unit.
Canada's largest oil sands producers pledged on Tuesday to make their crude less polluting than conventional oil by cutting water use and lowering energy consumption, as environmental protesters move to block new pipelines to ship the product abroad.
The Northwest Territories, including its Arctic islands and the adjacent Beaufort Sea, hold more than 1.2 billion barrels of crude oil and 16.4 trillion cubic feet of marketable natural gas, the National Energy Board said on Tuesday.
Canaccord Genuity raised the price target on Alimentation Couche-Tard to $45.00 from $44.00, with a buy rating.
TD Securities raised the price target on Metro Inc. to $93.00 from $92.00, with a hold rating.
ON BAYSTREET
The TSX Venture Exchange subsided 6.86 points Tuesday to 780.64.
ON WALLSTREET
Stock markets seem to have entered holiday mode already, but investors still lots of economic news to digest ahead of U.S. Thanksgiving.
Ahead of the opening bell, futures for the Dow Jones Industrials dropped seven points to 17,801. Futures for the S&P 500 inched up 0.25 points to 2,067.75, and futures for the NASDAQ acquired four points, or 0.1%, to 4,296.50.
The U.S. government posts weekly jobless claims at 8:30 a.m. ET. That's followed by the University of Michigan's consumer sentiment index at 9:55 a.m. ET, and new home sales data from the U.S. Census Bureau at 10 a.m. ET.
Ministers from major oil producing nations begin a two-day meeting Wednesday in Vienna to discuss future oil production plans. The OPEC meeting is poised to be one of the most contentious since oil prices plummeted by more than $100 U.S. a barrel in 2008. A decision is due Thursday over whether the producer cartel will cut its output for the first time since December 2008.
Oil prices eked up 0.06 cents to $74.15 U.S. a barrel
Gold prices faded $1.20 to $1,195.90 U.S. an ounce.
