Canadian Stocks May Rise on Profit Optimism, Takeover Talk, Led by CN Rail

(Bloomberg) -- Canadian stocks may rise on optimism
that near-record commodity prices may boost profits and trigger
more takeovers. Canadian National Railway Co., which is expected to
report quarterly earnings today, may lead the advance.

The Standard & Poor's/TSX Composite Index fell 42.89, or 0.3
percent, to 14,582.87 on July 20 in Toronto. The nation's benchmark
has risen 27 percent in the past year and reached a record last
week on global demand for energy and raw-materials, and record
takeovers of Canadian companies.


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Canadian Stocks Decline, Led by Biovail; Royal, Bank of Nova Scotia Rise

(Bloomberg) -- Canadian stocks fell, led by Biovail
Corp. after regulators rejected the drugmaker's application for
approval of an antidepressant.

The S&P/TSX Composite Index dropped for the first time in four
days, falling 31.50, or 0.2 percent, to 14,594.26 in Toronto at
10:02 a.m. in Toronto.


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Canadian Stocks Gain on Takeover Talk; Alcan, Research in Motion Advance

(Bloomberg) -- Canadian stocks rose for a third time in
four days and headed for a weekly gain, as takeover speculation
lifted shares of raw-materials producers and telephone companies.

Alcan Inc. advanced on a report that Rio Tinto Group hired
bankers to help it consider a bid for the aluminum maker. Telus
Corp. extended gains made following BCE Inc.'s takeover last week
in the biggest buyout. Research in Motion Ltd. fell after reaching
a record yesterday.


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Canadian Stocks Gain for Third Day; Telus Rises on Buyout Speculation

(Bloomberg) -- Canadian stocks rose for a third day
on speculation that Telus Corp. may seek to top a buyout offer
accepted last week by BCE Inc. from the Ontario Teachers' Pension
Plan.

Gains in the market were limited by Research In Motion Ltd.,
whose shares declined after reaching a record yesterday.


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Canadian Stocks Rise on Takeover Speculation, After Deals by BCE and Aur

(Bloomberg) -- Canadian stocks rose on takeover
speculation after BCE Inc., Canada's biggest phone company, was
sold for C$34.2 billion ($32.1 billion) in the largest leveraged
buyout.

The speculation was fanned by an agreement by Teck Cominco
Ltd. to buy Aur Resources Inc. for C$4.1 billion. The Standard &
Poor's/TSX Composite Index rose 117.92, or 0.9 percent, to 14,024.
49 as of 9:45 a.m. in Toronto.


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Canadian Stocks Gain After Research In Motion Profit Rises; BCE Advances

(Bloomberg) -- Canadian stocks rose the most in two
weeks after Research In Motion Ltd. announced a stock split and
first-quarter profit that exceeded analyst estimates.

Research In Motion, the maker of BlackBerry e-mail phones had
the biggest jump in nine months and reached a new high. BCE Inc.,
Canada's biggest phone company, gained after the Ontario Teachers'
Pension Plan said it made bids for all BCE shares it doesn't
already own.


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Canadian Stocks Gain for Second Day on Meridian Gold Takeover, Rising Oil

(Bloomberg) -- Canadian stocks rose for a second day,
led by commodity producers, after Meridian Gold Inc. received a
takeover proposal from rival bullion miners and prices of gold and
copper advanced.

Rising crude oil and natural-gas prices lifted such energy
producers as EnCana Corp., which had dragged the Standard &
Poor's/TSX Composite Index to three consecutive losses before
yesterday.


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Canadian Stocks Decline on Metals, Crude Oil Prices; Talisman Shares Fall

(Bloomberg) -- Canadian stocks declined for a fourth
time in five days, led by such energy and raw-materials producers
as Talisman Energy Inc. and Teck Cominco Ltd., as prices for crude
oil, copper and gold declined.

Oil futures fell from a nine-month high in New York after a
strike in Nigeria ended. Copper dropped a third day in London on
concern that Asian demand may be slowing, while gold declined on
speculation a drop in European equity markets may cut demand for
bullion.


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Canadian Stocks Rise to Record on Metals Prices; Goldcorp, Agrium Advance

(Bloomberg) -- Canadian stocks rose, pushing the main
equity index to a record, as such raw-materials producers as
Goldcorp Inc. gained on higher metals prices. Agrium Inc. led
agricultural companies higher after it raised its profit forecast.

The Standard & Poor's/TSX Composite Index added 46.03, or 0.3
percent, to 14,183.44 as of 9:40 a.m. in Toronto. The benchmark
built on last week's gain of 2.5 percent, the best since March. A
close at this level would exceed its record close of 14,146.74
reached June 4.


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