Early Signs Point To Rough Open -- Canadian Commentary

(RTTNews) - Canadian stocks may turn lower at the opening bell Monday morning, as falling commodity prices could hurt resource producers.

Crude oil futures fell below $45 a barrel even after OPEC lowered its projection for non-OPEC supply in 2015 by about 72,000 barrels a day, to 880,000 barrels a day.

In corporate news, TD Bank (TD.TO) is looking into acquisitions in the U.S, management said Friday.

Fiera Capital Corp. (FSZ.TO) said John Valentini would join the Fiera Capital global team as Executive Vice-President and Chief Financial Officer, effective today.

The benchmark S&P/TSX Composite Index closed Friday at 13,461.39, down 108.50 points or 0.80 percent.