Canada Stock Market Recap (Aug 11–15, 2025): TSX Gains, Gold Stocks Surge

Despite a small dip Friday, the TSX closed at 27,905 (up +0.53% for the week), and now +13% for the year.

✅ Healthcare, Telecom, and Gold stocks were the biggest winners:

- Bausch ($BHC): +45%

- Bell ($BCE): +6%

- Equinox Gold ($EQX): +24%

Gold stocks rose on safe-haven demand.

🔻 Meanwhile, energy, and financial stocks lagged a bit on Friday.

Investors now expect the Bank of Canada to hold rates steady again in September, but a rate cut in October is looking more likely.

This is because; last week’s U.S. inflation data came in soft… boosting global hopes for lower interest rates.

Lower rates = cheaper borrowing = good for business = good for stocks.

🗓️ Now all eyes are on Tuesday Aug 19, when Canada’s inflation report drops. That could tip the scale for the Bank of Canada’s next move.