Tech, Energy Stocks Drive Canadian Market Higher on April 13

Canada's benchmark equity index advanced Monday, April 13, 2026, led by gains in the technology and energy sectors, as investors rotated into cyclical and growth-oriented names amid a broader risk-on sentiment. The S&P/TSX Composite Index closed higher, with energy producers benefiting from firmer crude oil prices while technology shares tracked gains in U.S. peers. No single catalyst dominated trading, though improving commodity sentiment and sector momentum provided the primary tailwinds. Market breadth favored advancers, with the dual-sector rally offsetting weakness elsewhere in the index. Canadian markets have remained sensitive to commodity price swings and cross-border equity trends, given the TSX's heavy weighting in resource and financial stocks. Investors continued to monitor U.S. trade policy developments and Federal Reserve rate signals for directional cues heading into the following week.