Canadian Stocks Rally Amid Strong Q3 Earnings and Upgrade to Fiscal-Year Outlook

Toronto stocks rose 0.9% as tech, health tech, and services led gains. BRP Inc. shares increased 6.4% after upgrading its fiscal 2026 outlook due to strong revenue and earnings growth in Q3. Toronto-Dominion Bank shares rose 1.5% after increasing its dividend payout and reporting quarterly growth in fee and trading income. Bank of Montreal shares increased 2.1% after boosting its dividend and reporting stronger-than-expected earnings and revenue. MDA Space shares rose 9.3% after securing a C$44.7 million contract with the Canadian Space Agency.