The Canadian Markets continued to march higher with the Bank of Montreal posting better than expected earnings for the second quarter of 2009. For the tale of the tape, the TSX Exchange added 2.15%, while the TSX Gold Index gave back 0.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 0.07% with the decliners beating out the advancers by a 440 to 398 margin on 171 million shares traded.

The gold guys held up better than most during Tuesday’s session on the Canadian markets, as investors did not get that warm and fuzzy feeling that the proposed bank bailout in the United States will succeed. For the tale of the tape, the TSX Exchange plunged 2.54%, while the TSX Gold Index tacked on 0.9% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 0.10% with the declining issuers edging out the advancers by a 396 to 318 margin on 129 million shares traded.

The Canadian markets started the trading week off by going on their usual roller coaster ride with gains seen at the open gradually eroding into solid losses by the close of Monday trading. For the tale of the tape, the TSX Exchange fell 0.63%, while the TSX Gold Index gained 3.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 0.24% with the declining issuers beating out the advancers by a 458 to 399 margin on volume of 244 million shares traded.

The resource rich Canadian markets were in rally mode during Wednesday trading as the price of oil and gold gained ground.