Canada’s S&P/TSX Composite Index climbed about 0.3% to surpass the 27,800 mark on Tuesday, supported by easing external policy risks and a softer US inflation backdrop, which bolstered rate-sensitive sectors. Investors also welcomed Washington and Beijing’s 90-day rollback on higher tariffs, removing an immediate threat to cross-border trade. Barrick Mining led materials sector gains, advancing over 2.5%, while rate-sensitive tech names Constellation Software and Celestica each added more than 1%. Financials also lent support, with Brookfield climbing over 1%. On the economic front, the total value of Canadian building permits plunged 9.0% month-on-month to $12.0 billion in June, far exceeding market expectations for a 3.4% drop and reversing a revised 12.8% surge in May, marking the steepest fall since June 2024.