Canadian stocks had their biggest gain in almost two months, led by resource and financial companies, on speculation a sell-off last week was overdone, given commodity prices and continuing takeovers.
EnCana Corp., Alcan Inc. and Manulife Financial Corp. paced gains. Stocks were also helped by expectations the U.S. Federal Reserve will keep borrowing costs unchanged this week, and may even signal interest rate cuts.
Read more at Bloomberg.com
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