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TSX in 2014: Laggard again, but focus on two sectors

There are two ways of looking at Canada’s benchmark index. One, it’s a global laggard with year-to-date returns of less than 8 per cent, trailing U.S., European and Japanese stock market indexes by double digits. Or two, the S&P/TSX composite index is doing just fine if you ignore underperforming energy stocks and the big drag from materials.