Canadian e-commerce giant Shopify Inc SHOP.TO reported a 46% rise in quarterly revenue as consumer spending "normalizes" after a year of a pandemic-fueled online shopping frenzy. On Wednesday, the Bank of Canada signaled it could hike interest rates as soon as April 2022 and said inflation would stay above target through much of next year, due to higher energy prices and supply bottlenecks. "The biggest driver of the move today has been the strong results from Suncor and Shopify," said Bryden Teich, portfolio manager at Avenue Investment Management.