Equities came back to life in September, closing out a strong third quarter. The S&P/TSX Composite Total Return Index returned 3.7% in the quarter and is now up 4.4% year-to-date while the S&P 500 Total Return Index returned 0.5% in Q3 and is now up 5.9% year-to-date in Canadian dollars. Higher interest rates, oil prices and surprisingly strong economic growth were the drivers of a strong quarter in Canada.

Click here to read Leon Frazer’s latest commentary on equity markets and the economy in general.

 

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