* At 9:35 a.m. ET (14:35 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 53.36 points, or 0.37 percent, at 14,416.01.

* The index rose for the first time in four sessions.

* The pace of interest rate hikes in Canada could be interrupted or sped up depending on the economic circumstances, Poloz said late on Monday.

* The heavyweight financials sector gained 0.4 percent and the industrial sector rose 0.9 percent.

* The energy sector was the biggest loser with a 0.6 percent drop, after US crude prices fell 1.5 percent a barrel and Brent crude dropped 1.2 percent.

* The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.4 percent.

* On the TSX, 147 issues were higher, while 87 issues declined for a 1.69-to-1 ratio favouring gainers, with 12.71 million shares traded.

* Still, the TSX posted no new 52-week highs and 19 new lows.

* The largest percentage gainer on the TSX was Aphria Inc , which jumped 6.4 percent after the cannabis company's license for an oral drug delivery system expanded to Germany.

* The second-biggest gainer was Shopify Inc, which rose 3.6 percent after Wells Fargo initiated with an "outperform" rating on the e-commerce company's shares.

* CES Energy Solutions Corp fell 3.1 percent, the most on the TSX. The second-biggest decliner was TFI International Inc, down 3.0 percent, as National Bank of Canada downgraded the transportations and logistics company's stock to "sector perform".

* The most heavily traded shares by volume were Birchcliff Energy Ltd, Aphria Inc and Whitecap Resources Inc .

* Across all Canadian issues, there were six new 52-week highs and 81 new lows, with total volume of 21.36 million shares.