Quebec project is intended to produce 70,000 metric tons annually of
green hydrogen to supply the province’s developing industrial decarbonization
hub.
The Canadian market is likely to open with a positive bias Friday morning thanks to higher crude oil and bullion prices. Once again, activity is likely to remain stock specific as investors are likely to react to a slew of earnings updates from Canadian companies.
Canadian shares may open on a negative note on Friday, hurt by hawkish comments from Federal Reserve, Bank of England and European Central Bank officials, and lower metal prices.