May 7, 2014 / 1:38 PM / in 4 years

CANADA STOCKS-TSX opens higher as Encana shares rise on deal

TORONTO, May 7 (Reuters) - Canada's main stock index opened
higher on Wednesday as shares of Encana Corp jumped
after the company's $3.1 billion U.S. shale deal, with investors
also awaiting congressional testimony from U.S. Federal Reserve
Chair Janet Yellen.
    The Toronto Stock Exchange's S&P/TSX composite index
 was up 20.66 points, or 0.14 percent, at 14,632.95
shortly after the open.

 (Reporting by John Tilak; Editing by James Dalgleish)

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