Canadian stocks edged up on Jan. 2, 2026, as tech and manufacturing gains offset losses in materials and energy.

Canadian stocks ended slightly higher on January 2, 2026, with the S&P/TSX Composite Index up 1.44 points to 31,714.20 amid light trading. Gains in technology, manufacturing, and process industries were offset by losses in materials, health services, and energy. Bitfarms surged over 11% after agreeing to sell its Paraguay site for up to $30 million to focus on North American operations. Denison Mines rose 11.8% as it awaits final approvals to begin construction on a Saskatchewan uranium mine. Other notable gainers included Hut 8 Corp., Energy Fuels, and NexGen Energy. Gold and silver miners declined, while the Canadian manufacturing PMI edged up to 48.6 in December.