-- The Toronto Stock Exchange is up 28 points at midday, with most sectors lower.
Info tech and healthcare are the best performers, up 2.6% and 1.1%, respectively, followed by the financials sector, which is 0.7% higher. Canadian banks and life insurers are either at or approaching record highs.
Industrials is the worst performer, down 0.6%.
In economic news, Canadian manufacturing sales increased 3.6% to $71.2 billion in February, driven largely by higher sales of transportation equipment, machinery, and primary metals, StatsCan reports. Sales rose in six provinces in February, led by Ontario and Quebec, while Alberta posted the largest decline.
Wholesale sales (ex-petroleum and grains) rose 2.0% in February to a seasonally adjusted $86. 8billion, StatsCan said.
In company news, BRP (DOO.TO) shares have plunged 37% to its lowest level since last July, after it suspended its FY 2027 guidance following the implementation of a revised U.S. tariff regime that will see a 25% tariff on its snowmobiles and most of its offroad vehicles.