CANADA STOCKS-TSX climbs after Bank of Canada decision

Wed Jan 21, 2015 4:11pm EST
 
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TORONTO Jan 21 (Reuters) - Canada's main stock index jumped on Wednesday as the Bank of Canada cut its benchmark rate in a surprise move to minimize the impact of lower oil prices on economic growth.

The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 251.98 points, or 1.76 percent, at 14,560.42 shortly after the open. (Reporting by John Tilak; Editing by Meredith Mazzilli)