The Canadian stock market has been quietly staging a comeback this year after 2018's rough ride saw it significantly lag behind its U.S. counterparts. It's been quite a turnaround for the Canadian market, which lost almost 12 per cent last year, while the U.S. benchmark indexes fell by about half that much. —@realDonaldTrump"While oil prices have stumbled today, the bigger picture is — much like the TSX — they have spent most of this year rising, including for Canadian oil prices," Porter said. The spot price for Canadian oil — Western Canadian Select — has jumped more than 42 per cent this year to $42.13 US. But, he is surprised by how well the Canadian market has performed, given that economic data has not been strong this year.

Source: CBC News February 25, 2019 20:37 UTC