CANADA STOCKS-TSX opens higher on Spain hopes, U.S. data

Thu Oct 11, 2012 9:32am EDT

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TORONTO, Oct 11 (Reuters) - Canada's main stock index opened
higher on Thursday on expectations that Spain would be pressured
to seek a sovereign bailout after S&P downgraded it to just one
notch above junk, and after encouraging U.S. employment data.
    The Toronto Stock Exchange's S&P/TSX composite index
 opened up 2.59 points to 12,215.01, before extending
gains to 12,271.12.

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.