Economics

Canada Stocks Rise to 2-Week High as Oil Shares Rally

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Canadian stocks rose a third day, climbing to a two-week high, as grocers advanced to lead gains in consumer shares and energy producers extended a rally.

Penn West Petroleum Ltd. and RMP Energy Inc. climbed at least 5.6 percent to lead energy shares to a third straight gain. Metro Inc. increased 2.6 percent to pace gains among consumer-staples shares. Eldorado Gold Corp. jumped 4.1 percent for the biggest rise in almost a month as gold advanced to a two-week high.