Canada's main stock index rose on Monday as the energy sector has climbed after a gain in oil prices.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index added 69.21 points, or 0.42 percent, to close the day at 16,383.63 points.

The energy group rose 2.78 points, or 1.43 percent, while the financials sector climbed 0.64 points, or 0.21 percent.

Oil prices rose on Monday as investors were awaiting the upcoming meeting of the Organization of the Petroleum Exporting Countries.

The West Texas Intermediate for July delivery was up 0.79 dollar to settle at 65.85 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery increased 1.90 dollars to close at 75.34 U.S. dollars a barrel on the London ICE Futures Exchange.

The Canadian dollar came down to 0.7577 U.S. dollar.

Imperial Oil gained 1.3 percent to 43.73 Canadian dollars.

Canada Goose Holdings jumped 9.7 percent to 85.60 Canadian dollars.

Valeant Pharmaceuticals dipped 11.8 percent to 31.27 Canadian dollars.