(Bloomberg) -- Canadian stocks rose, heading for a third weekly gain, on prospects of consolidation among commodity producers, after gold, copper and oil prices rose and Sherritt International Corp. said it will buy rival miner Dynatec Corp.
BCE Inc. rose on a report that a third group of investors may be planning a bid for Canada's biggest phone company. Financial shares advanced, led by Royal Bank of Canada.
Read more at Bloomberg Stocks News
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