Canadian stocks climbed after President Trump reassured that the U.S. won’t use force to acquire Greenland or impose new tariffs on the EU. The S&P/TSX Composite Index closed at 33,002.70, up 0.46%. The materials sector led gains. Trump finalized a deal with NATO on Greenland and Arctic security. Canadian Prime Minister Carney criticized Trump’s actions. The verbal spat between the two leaders at the WEF raised concerns about bilateral ties. Canadian exports face 35% tariffs since August 2025. The Canadian Federation of Independent Business’ Barometer index slipped to 59.5 in January 2026. New housing prices fell by 0.2% in December 2025. Major gainers in today’s trading were Seabridge Gold Inc, Discovery Silver Corp, and others. Major losers were Dye & Durham Ltd, Celestica Inc, and others.

Read more at Nasdaq: Canadian Stocks Advance As Trump’s Renewed Tariff Threats Fade Out