Composite Index: Tiff Macklem

Tiff Macklem: The S P/TSX composite index climbed 60.25 points to 12,847.44, held back by mining stocks which fell alongside prices for oil and metals, according to CTV. The bank's senior deputy governor, Tiff Macklem, said the central bank expects third- and fourth-quarter growth to come in at two to 2.5 per cent. It had previously forecast growth in the July-September period at 3.8 per cent and at 2.5 per cent in the final quarter and TORONTO -- The Toronto stock market closed higher Tuesday as traders hoped that a partial shutdown of the U.S. government won't last long enough to cause serious damage to the U.S. economy. Falling commodity prices and a weaker economic outlook from the Bank of Canada helped push the Canadian dollar down 0.21 of a cent to 96.85 cents US, even as the American dollar weakened against other currencies. (www.immigrantscanada.com). As reported in the news.