CANADA STOCKS-TSX edges higher as Greek worries offset by Restaurant Brands

Tue Feb 17, 2015 10:45am EST
 
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* TSX up 17.92 points, or 0.12 percent, at 15,282.73

* Seven of 10 main index sectors advance

* Restaurant Brands jumps 6.7 percent after posting results

By John Tilak

TORONTO, Feb 17 (Reuters) - Canada's main stock index edged higher on Tuesday as a jump in shares of Restaurant Brands International Inc, after the fast-food chain reported quarterly results, helped offset worries about whether Greece will be able to secure a debt deal.

Talks between Greece and euro zone finance ministers over the country's debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as "unacceptable."

Weakness in commodity prices also dragged on shares of energy and mining companies.

The benchmark TSX extended a gain in the previous session when the index neared a five-month high.

"The wall of worry remains. Anything that destabilizes Europe is bound to have repercussions around the world," said David Cockfield, managing director and portfolio manager at Northland Wealth Management.   Continued...