After a rebound in Canadian stocks in 2023, the Canadian stock market expanded its gains in 2024, with the S&P/TSX Composite Index YTD rising by 17.4% as of last weekend. Interest rate cuts in Canada since June have led to a rapid rise in local stocks, with technology stocks leading the way. New rounds of geopolitical conflicts have created uncertainty, particularly boosting mining stocks, especially gold stocks, to continue their ra...

As 2024 nears its end, we've witnessed inflation rates falling in major developed countries, with Canada's inflation rate dropping from 2.9% at the beginning of the year to 1.9%. This year, the Bank of Canada took the lead in cutting interest rates, followed by the Federal Reserve. The AI sector in North America continued its rally, driving Canadian tech stocks to soar.
■ How did each sector perform in 2024?
Among all sectors in Canada, t...

With the market's expectation of a rate cut by the Federal Reserve, a marked uptick in gold acquisition by central banks around the globe, and enduring geopolitical conflicts in the Middle East, gold prices soared in 2024, and silver prices followed suit. Copper's value climbed as well, supported by the dual pressures of forecasted supply deficits and an escalation in demand. The rise in commodity prices in 2024 boosted ...