BOC Governor Macklem said he expects labour force growth to be near zero over the next few years.

AI-driven demand lifted U.S. chip stocks. AMD (AMD.O) jumped over 9% intraday to a record $613.92, pushing its market cap above $1 trillion; it is viewed as one of NVIDIA's (NVDA.O) main GPU rivals. AMD is the fourth U.S. chipmaker to exceed $1 trillion after NVIDIA, Broadcom (AVGO.O) and Micron (MU.O); NVIDIA passed $1 trillion in 2023 and is now the world's most valuable company at over $5 trillion. Most chip names rose Monday: Intel (INTC.O) was up about 11% intraday, Qualcomm (QCOM.O) gained 4.1%, and the Philadelphia Semiconductor Index rose 2.6% to a one-month high.

NOVO NORDISK (NVO.N) CEO said liver disease is an obvious entry point and, despite recent setbacks, cardiovascular remains another clear strategic focus.