Stock futures in Toronto were little changed on Monday after crude oil prices slipped as traders took profits while gold steadied.
The S&P/TSX Composite Index dipped 7.2 points to close Friday and the week at 13,874. June futures were down 0.01%.
The Canadian dollar faded 0.13 cents to 78.81 cents U.S. early Monday.
Precision Drilling Corp posted a first-quarter loss, compared with a profit a year earlier, hurt by lower demand for rigs amid a prolonged slump in oil prices.
Bombardier has denied reports it is involved in launching an airline in Iran, although the aircraft maker has confirmed it was in talks for sales as its executive chairman visited the country to drum up business.
Valeant Pharmaceuticals International said it received additional notices of default from its bondholders as a result of a delay in filing its annual report.
RBC raised the rating on Cascades Inc. to outperform from sector perform.
National Bank Financial raised rating on Equitable to outperform from sector perform.
National also cut the rating on Home Capital Group to sector perform from outperform.
ON BAYSTREET
The TSX Venture Exchange, after riding high for several consecutive sessions, finished negative 2.21 points Friday to 656.17
ON WALLSTREET
U.S. stock futures are firmly in negative territory and nearly all European markets are declining in early trading.
Ahead of the opening bell, futures for the Dow Jones Industrials dropped 54 points, or 0.3%, to 17,863, while futures for the S&P 500 slipped 6.25 points, or 0.3%, to 2,079.75. NASDAQ futures slumped 14.75 points, or 0.3%, to 4,451.
Philips and Xerox are among the key companies reporting earnings before the opening bell.
Express Scripts and First Bancorp are the main companies reporting earnings after the close.
On the economic front, the U.S. Census Bureau is releasing new home sales data for March at 10 a.m. ET.
Saudi Arabia's government is set to unveil new plans on Monday for diversifying its economy away from oil.
About 75% of Saudi Arabia's revenue comes from the oil industry, and the oil price crash has forced the government to slash spending and borrow billions.
Most Asian markets also ended the day in negative territory. Australian and New Zealand markets are closed for ANZAC Day.
Oil prices fell 39 cents to $43.34 U.S. a barrel
Gold prices poked higher $2.47 to $1,235.50 U.S. an ounce.
