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TSX Surges to New Heights, Extending Winning Streak to Nine Days

The Toronto Stock Exchange (TSX) continues its impressive rally, closing at yet another record high as its winning streak stretches to nine consecutive trading days. The benchmark S&P/TSX Composite Index  rose 0.3% , adding 74.4 points  to settle at 25,971.9 .  This latest surge marks a 2.4% weekly gain , reinforcing investor optimism amid strong performances across multiple sectors. Healthcare led the charge with a 1.2% increase , while Basic Materials saw a slight dip of 0.2% .  Market analysts attribute the sustained momentum to robust corporate earnings, stable commodity prices, and easing trade tensions . With 74% of TSX-listed stocks closing higher , the bullish sentiment remains strong, fueling expectations for continued growth in the coming weeks.  Investors will be watching closely to see if the TSX can maintain its upward trajectory and extend its streak into double digits.

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Freeland and Carney Emerge as Front-Runners in Liberal Leadership Race


The race to succeed Prime Minister Justin Trudeau has intensified as Chrystia Freeland and Mark Carney gain significant support from Liberal MPs. Freeland, the former finance minister and deputy prime minister, and Carney, the former governor of the Bank of Canada and Bank of England, are seen as the leading contenders to take over the Liberal leadership.

Freeland, who resigned from her cabinet position last month, has been a prominent figure in Canadian politics, known for her strong economic policies and international diplomacy. Carney, on the other hand, is viewed as an outsider who could bring a fresh perspective to the party, with his extensive experience in global finance and his roots in Alberta.

The Liberal Party is set to announce its new leader on March 9, and the competition is expected to be fierce. With the backing of more than 30 MPs, both Freeland and Carney are well-positioned to lead the party into the next federal election.

The outcome of this leadership race will shape the future of the Liberal Party and its approach to key issues facing Canada. As the contenders continue to rally support, the political landscape in Canada remains dynamic and unpredictable.



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