canadian stocks were up midday tuesday rising steadily through the morning after the sptsx composite index closed 05 higher on monday in the session most sectors were in the green led primarily by the materials sector while producer manufacturing energy and health tech were the main laggards shares of transalta corp rose after the company reported a swing to a profit in the third quarter benefiting from strong energy prices and performance in its alberta energy portfolio and raised its earnings forecast for 2022 at midday canadas sptsx composite index was up 093 at 1972762 and the bluechip sptsx 60 rose 088 to 119342 transalta corp shares were 9 higher at c1285 after it reported thirdquarter net earnings of 126 million canadian dollars us934 million or c023 a share compared with a loss of c441 million or c168 a share in the same period last year revenue rose to c929 million from c850 million additionally transalta said it now expects adjusted earnings before interest taxes depreciation and amortization in the range of c138 billion to c146 billion for 2022 compared with a previous forecast of c107 billion to c119 billion shares of pet valu holdings ltd rose 46 to c3816 after the company reported a thirdquarter rise in profit that beat analyst expectations as retail sales supported betterthanforecasted revenue growth and the company raised its 2022 outlook heading into the holiday season yamana gold inc has entered into an agreement to be bought by pan american silver corp and sell certain subsidiaries and partnerships to agnico eagle mines ltd in a cashandstock deal with a consideration value of 48 billion yamanas shares were up 61 at c680 maple leaf foods inc shares rose more than 12 to c2201 after stating it expects sales to grow in 2022 though the company said meeting its margin targets may be delayed until market conditions improve in the third quarter the canadian consumer packaged meats company reported a swing to a loss due to a noncash impairment in its plant protein segment