周五，标准普尔/多伦多证交所综合指数下跌0.4%，收于26504点，从周四的历史高点回落，原因是以色列-伊朗紧张局势升级，促使投资者转向避险资产。此前，伊朗对以色列袭击其核设施和导弹设施进行了报复，据报道发射了100多枚导弹，引发了人们对更广泛冲突的担忧，并推动了黄金和原油价格的上涨。原油价格飙升7%，提振了加拿大自然资源（+2.7%）、森科尔（+4.3%）和帝国石油（+3.4%）等能源股。由于地缘政治风险加剧，金价也上涨了1%，提振了Agnico Eagle（+1.9%）和Barrick Gold（+2.8%）。尽管周五有所下跌，但该指数连续第三周上涨，上涨0.6%，这得益于对即将召开的七国集团峰会前可能达成的加拿大-美国贸易协议的乐观情绪。美国财政部长斯科特·贝森特证实，他将与唐纳德·特朗普总统一起出席在加拿大举行的峰会，并会见马克·卡尼总理。

The S&P/TSX Composite Index fell 0.4% to close at 26,504 on Friday, pulling back from Thursday’s record high as escalating Israel-Iran tensions drove a shift toward safe-haven assets. The decline followed Iran’s retaliation for Israel’s strikes on its nuclear and missile facilities, with over 100 missiles reportedly launched, stoking fears of a broader conflict and fueling gains in gold and crude oil prices. Crude surged 7%, lifting energy stocks such as Canadian Natural Resources (+2.7%), Suncor (+4.3%), and Imperial Oil (+3.4%). Gold prices also rose 1% amid heightened geopolitical risk, boosting Agnico Eagle (+1.9%) and Barrick Gold (+2.8%). Despite Friday’s dip, the index notched its third consecutive weekly gain, rising 0.6%, supported by optimism over a potential Canada-US trade deal ahead of the upcoming G7 summit. US Treasury Secretary Scott Bessent confirmed he will attend the summit in Canada alongside President Donald Trump and meet with Prime Minister Mark Carney.

2025年4月，加拿大制造业销售额下降2.8%，至696亿加元，超过了最初估计的2%的降幅，这是自2023年10月以来的最大降幅，也是自2022年1月以来的最低水平。石油和煤炭产品（-10.9%）、机动车（-8.3%）和初级金属（-4.4%）领跌。不包括石油和煤炭，销售额仍下降1.8%。大约一半的制造商报告称，他们通过各种渠道受到了美国关税的影响。值得注意的是，三分之一的人表示价格上涨，四分之一的人声称原材料、运输或劳动力费用增加，五分之一的人称产品需求发生了变化。制造业销售额同比下降2.7%。

Canada’s manufacturing sales fell 2.8% in April 2025 to C$69.6 billion, more than initial estimates of a 2% decrease, marking the largest decrease since October 2023 and the lowest level since January 2022. The decline was led by petroleum and coal products (-10.9%), motor vehicles (-8.3%), and primary metals (-4.4%). Excluding petroleum and coal, sales still dropped 1.8%. Arround half of manufacturers reported being impacted by US tariffs through various channels. Notably, one-third cited price increases, one-quarter experienced increased expenses for raw materials, shipping or labour, and one-fifth observed changes in demand for products. On a yearly basis, manufacturing sales fell 2.7%.

日本首相石壁：同意在加拿大会见特朗普总统。日本首相石破茂表示，他已同意在加拿大会见特朗普总统。

Japans PM Ishibi: Agreed to meet Pres. Trump in Canada.Japan's Prime Minister Ishiba says he has agreed to meet with Pres. Trump in Canada.

2025年4月，加拿大批发销售额环比下降2.3%，至840亿加元，远高于最初估计的0.9%的下降，这是自2023年6月以来的最大跌幅，此前3月份增长了0.2%。七个子行业中有六个子行业的销售额下降，主要是机动车和机动车零部件和配件（-6.5%至143亿加元）和杂项商品（-3.8%至105亿加元），即农产品以及矿产、矿石和贵金属。相比之下，食品、饮料和烟草子行业的批发销售额增长了1.2%，达到154亿加元。在数量方面，4月份批发销售下降了2.2%。4月份的库存与销售比率从3月份的1.51上升到1.54。

Wholesale sales in Canada fell 2.3% month-over-month to CAD 84 billion in April 2025, well more than initial estimates of a 0.9% drop, to mark the biggest decline since June 2023, after a 0.2% rise in March. Sales fell in six of the seven subsectors, mainly in motor vehicles and motor vehicle parts and accessories (-6.5% to CAD 14.3 billion) and miscellaneous merchandise (-3.8% to CAD 10.5 billion), namely agricultural supplies and the mineral, ore and precious metals. In contrast, wholesale sales increased in the food, beverages and tobacco sub-sector (+1.2% to CAD 15.4 billion). In terms of volume, wholesale sales fell by 2.2% in April. The inventory-to-sales ratio rose to 1.54 in April, up from 1.51 in March.