The S&P TSX Composite Index rose 0.4% to above the 31,650 level on Monday, lifted by gains in miners and technology stocks as investors assessed fresh Canadian inflation data. Mining shares led, with Agnico Eagle up about 1.5%, Barrick Mining gaining more than 2%, and Wheaton Precious Metals nearly 1% as gold prices tested record highs amid growing expectations of a more dovish US Fed. The tech sector also rebounded after Friday’s sharp selloff tied to concerns over persistent inflation and debt driven AI investment, with Shopify climbing more than 1.5%. Financials added further support, while energy stocks limited broader gains as oil prices hovered near their lowest levels since early 2021. On the macro front, Canada’s headline inflation held steady at 2.2% in November, unchanged from October and below expectations of 2.3%, while the BoC’s preferred trim mean measure eased to a ten month low of 2.8%, reinforcing the view that inflation is gradually converging toward the 2% target.