canadian stocks were trading higher wednesday at midday as investors await a us federal reserve announcement to provide some clarity on policy south of the border meanwhile bank of canada said it would hold its interest rate steady at 025 but cautioned that rate increases are on the horizon to deal with high inflation and a canadian economy running hot shares in brookfield renewable partners lp rose on the news that it is expanding its footprint in the us through the acquisition of urban grid and its pipeline of projects for 650 million at midday canadas sptsx composite index was up 112 at 2082090 the bluechip sptsx 60 rose 109 to 126578 brookfield renewable partners lp shares rose 29 to c4114 after it said this new pipeline of projects amounts to around 13000 megawatts of utilityscale solar and 7000 megawatts of energy storage capacity which triple brookfields us development pipeline to around 31000 megawatts of capacity shares in enbridge inc rose 15 to c5252 after it said it will transport and store captured carbon dioxide produced by lehigh cement at its edmonton plant from this plant lehigh plans to capture around 780000 metric tons of carbon dioxide every year mountain province diamonds inc shares were 14 higher at c075 after the company said it made proceeds of 315 million canadian dollars the equivalent of 25 million from its first sale of diamonds in 2022