By Fergal Smith

TORONTO (Reuters) -Canada’s main stock index is set to extend its record-setting run this year and next as lower borrowing costs along with potentially greater clarity on U.S. tariffs offset expected pressure on corporate profits, a Reuters poll found.

The median prediction of 20 equity strategists and portfolio managers in the August 7-18 poll was for the S&P/TSX Composite Index to rise 2.3% to 28,553 by year-end, moving above last Wednesday’s record closing high and easily eclipsing the 26,250 mark expected in a May poll.

The index is forecast to reach 30,000 by the end of 2026, a gain of over 7%, versus the previous prediction of 27,750.

“We are embracing the idea of a renewed bull market for the S&P/TSX Composite Index,” said Philip Petursson, chief investment strat

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