India, April 14 -- Canadian shares are likely to open on a strong note on Monday, tracking gains in global markets and higher oil prices. The Trump Administration's decision to exempt certain consumer electronics products from reciprocal tariffs is likely to significantly aid sentiment.
In company news, Metro Inc. (MRU.TO) announced that unionized workers at the Varennes distribution center, part of its subsidiary, The Jean Coutu Group (PJC) Inc., have voted in favor of their new collective agreement. The company noted that the new 5-year collective agreement will enable the company to remain competitive in the current environment.
Data on new motor vehicles sales and wholesales, both for the month of February, are due at 8:30 AM ET.
The...