April 8 (Reuters) - Stock futures for Canada's main stock index edged higher on Monday, as crude oil prices rose to their highest level since November 2018 on OPEC supply cuts, U.S. sanctions against Iran and Venezuela and fighting in Libya.
June futures on the S&P/TSX index SXFc1 were up 0.05 percent at 7:00 a.m. ET.
The Canadian Mortgage and Housing Corp is expected to report housing starts data at 8:15 a.m. ET. Canadian building permits data for February is also scheduled for release at 8:30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE closed up 84.54 points, or 0.52 percent, at 16,396.15 on Friday. Jones Industrial Average e-mini futures 1YMc1 were down 0.31 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.12 percent and Nasdaq 100 e-mini futures NQc1 were down 0.1 percent. .N
TOP STORIES TOP/CAN
The leader of Canada's opposition Conservative Party said on Sunday that Prime Minister Justin Trudeau threatened to sue him for libel over statements made about a scandal that has dogged Trudeau and his ruling Liberal Party for two months. RESEARCH HIGHLIGHTS RCH/CA
Corus Entertainment Inc CJRb.TO : CIBC raises price target to C$9 from C$8
George Weston Ltd WN.TO : CIBC raises price target to C$113 from C$109
MEG Energy MEG.TO : National Bank of Canada raises rating to "outperform" from "sector perform".
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1298.3; +0.44 percent GOL/
US crude CLc1 : $63.39; +0.49 percent O/R
Brent crude LCOc1 : $70.69; +0.5 percent O/R
U.S. ECONOMIC DATA DUE ON MONDAY
1000 Employment Trends for Mar: Prior 111.2
1000 Durables ex-defense, R mm for Feb: Prior -1.9 pct
1000 Durable goods, R mm for Feb: Prior -1.6 pct
1000 Factory orders mm for Feb: Expected -0.6 pct; Prior 0.1 pct
1000 Durables ex-transport R mm for Feb: Prior 0.1 pct
1000 Nondefense cap ex-air R mm for Feb: Prior -0.1 pct
1000 Factory ex-transport mm for Feb: Prior -0.2 pct
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($1 = C$1.34)