Driven by mining and financial companies, the S&P/ Toronto Stock Exchange Composite Index rose 28% throughout the year, the biggest annual increase since 2009. Mining and banking stocks are the core drivers of this rise. The raw materials classification index has nearly doubled, and the financial sector has also risen by more than 30%. Despite market concerns about bank valuations and oil prospects, some strategists believe that the Canadian stock market index is expected to rise further in 2026, driven by factors such as interest rate cuts and the continued strengthening of the precious metals market.

Driven by mining and financial companies, the S&P/ Toronto Stock Exchange Composite Index rose 28% throughout the year, the biggest annual increase since 2009. Mining and banking stocks are the core drivers of this rise. The raw materials classification index has nearly doubled, and the financial sector has also risen by more than 30%. Despite market concerns about bank valuations and oil prospects, some strategists believe that the Canadian stock market index is expected to rise further in 2026, driven by factors such as interest rate cuts and the continued strengthening of the precious metals market.