Canadian shares rebounded sharply on Wednesday, with the benchmark S&P/TSX finishing at record closing levels as investors continued to bet on a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending. The heavyweight energy sector surged, and the financial sectors benefitted from upbeat earnings from the National Bank of Canada and Royal Bank of Canada. Vermilion Energy Inc and Aphria Inc were the biggest gainers on the TSX, up 10% and 9%, respectively. Historically, the Canada S&P/TSX Toronto Stock Market Index reached an all time high of 18579.68 in February of 2021. The S&P/TSX is a major stock market index which tracks the performance of largest companies by market capitalization on the Toronto Stock Exchange in Canada. It is a free float market capitalization weighted index. The index covers approximately 95 percent of the Canadian equities market. The S&P/Toronto Stock Exchange Composite Index has a base value of CAD1000 as of January 1, 1975.