Canadians not feeling 'wealth effect' as stock market nears high

By Fergal Smith TORONTO (Reuters) - A rising domestic stock market will barely lift the confidence of ordinary Canadians, who are more concerned about job prospects in an economy threatened by a more protectionist United States, economists say. Canada's S&P/TSX Composite index was up 34 percent as of Friday afternoon from its January 2016 trough and last week it briefly came within 11 points of its all-time high at 15,685.13. Stock market gains usually add to financial security and boost peo