TSX Rallies Near Record Highs -- Canadian Commentary

(RTTNews) - Canadian stocks rose Monday, jumping back near record highs amid upbeat news for Bombardier.

The TSX Composite Index was up 89.66 points to 16,131.64.

Bombardier Transportation, as part of the Rail Systems Alliance (RSA), has won the contract to install its next-generation, high-capacity rail control solution for the 11 billion AUD Melbourne Metro Tunnel Project, Victoria's largest ever investment in public transport.

Rio Novo Gold Inc.(RN.TO) is merging with Aura Minerals.

Canopy Growth Corporation (WEED.TO) announced a definitive joint venture agreement to form a new company, Les Serres Vert Cannabis together with Les Serres Stéphane Bertrand Inc., a large-scale tomato greenhouse operator in Mirabel, Quebec.

Railroad executive Hunter Harrison, 73, who was the boss at CN and Canadian Pacific, has died.