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S&P/TSX composite rises more than 200 points helped by oil prices, U.S. markets slide

  • Yesterday, Canada's S&P/TSX Composite Index rose 112.12 points to 33,501.85 in late‑morning trading in Toronto, The Canadian Press reported.
  • Amid geopolitical flash points involving Russia, Ukraine, Iran, Greenland and Venezuela, the April crude oil contract rose US$1.38 to US$66.43 per barrel.
  • The Energy Index's jump reflected a rise of up to two per cent Thursday, with Enbridge Inc.'s 2025 earnings rising around 40 per cent and Suncor's net debt falling over 40 per cent.
  • Investor repositioning accelerated after Prime Minister Mark Carney's government signed a November memorandum with Alberta that could clear a path for a new export pipeline to Asia, influencing market access.
  • The Venezuela upheaval highlighted a brief widening of Canadian heavy crude discounts while Brent crude futures rose 17% this year amid ongoing Gulf Coast shipping interest.
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S&P/TSX composite rises more than 200 points helped by oil prices, U.S. markets slide

Canada’s main stock index rose more than 200 points on Thursday, helped by strength in the energy sector, while U.S. markets lost ground.

·Canada
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The Hamilton Spectator broke the news in Hamilton, Canada on Thursday, February 19, 2026.
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