Gains for TSX at Open

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Canada’s main index opened higher on Friday, led by gains in materials stocks, while data showing moderation in wage growth at home and in the Unite

The TSX Composite continued on its roll, acquiring 58.45 points in Friday’s first hour to 21,853.01.

The Canadian dollar nicked ahead 0.01 cents at 74.34 cents U.S.

The Panamanian government said on Wednesday it had asked First Quantum Minerals to suspend a visitor program launched at the disputed Cobre Panama mine, saying the miner did not consult the government before starting the initiative. First Quantum shares began the session up 54 cents, or 4.2%, to $13.49.

On the economic front, Statistics Canada reported that in January, Canada’s merchandise imports decreased 3.8%, while exports fell 1.7%. As a result, Canada’s merchandise trade balance changed position for a second consecutive…

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