TSX up 130 Points With Energy, Miners, Leading Gains

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The TSX is up 130 points this morning with energy and miners showing strong gains. Energy, boosted by higher oil prices , has jumped 3.55% higher, followed by the mining sector, which is now up 1.64%.

Utilities are the sole sector in negative territory, dipping 0.21%.

Meanwhile, Canada’s foreign affairs minister Chrystia Freeland reported that Canada, Mexico and the US are making progress on the NAFTA negotiations, but she cautioned that there was still work to be done.

Canada’s trade deficit in February jumped to $2.69 billion, from January’s $1.94 billion as the continuing shortage of rail cars in Western Canada slashed exports of wheat and canola, Statistics Canada said.

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