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Upcoming week a crucial one for investors

This week will establish if the recent runup on the Toronto stock market has any staying power.

Investors were in a
positive frame of mind last week, sparking an eight-day runup on the
Toronto stock market - but this week will establish whether the rally
has staying power or gets extinguished by another wave of pessimism.

"It is very encouraging," said Doug Porter, deputy chief economist at
BMO Capital Markets.