Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeNewsEconomyCanadian stocks enjoy broad gains after new pipeline proposal'It’s feasible that Canada is moving from a glacial pace toward something more in keeping with the needs of our times'Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.All 11 sectors of the market climbed on Friday morning. Photo by Peter J. Thompson/National PostCanada’s stocks benchmark climbed Friday morning after Prime Minister Mark Carney unveiled a new pipeline project to the country’s West Coast.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe S&P/TSX Composite Index climbed one per cent at 10:28 a.m. in Toronto and enjoying broad-based gains with seven stocks in the gauge rising for every one that is falling. All 11 sectors of the market climbed on Friday morning. United States cash markets are closed Friday for the Fourth of July holiday.The gains come after Carney tapped Trans Mountain Corp., a pipeline operator owned by the Canadian government, to build a new one-million-barrel-a-day pipeline connecting Alberta’s oil sands to a Vancouver-area port. The government will also consider it for a quickened regulatory approval.SUBSCRIBER EXCLUSIVE: FP West: Energy Insider brings you behind the oilpatch’s closed doors with exclusive insights from insiders every Wednesday morning.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of FP West: Energy Insider will soon be in your inbox.We encountered an issue signing you up. Please try again“This is fast, for Canada!” Derek Holt, Scotiabank vice-president and head of capital markets economics, wrote in a Friday note of the megaprojects announcements. “By comparison to Canada’s past, it’s feasible that the country is moving from a dithering, glacial pace of securing new investments toward something more in keeping with the needs of our times.”The top-performing stock in the Toronto benchmark Friday morning was GFL Environmental, climbing sharply as the company is considering a take-private transaction. Other notable movers include Aecon Group, rising after Raymond James upgraded the stock on a data-centre contract. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.