Published July 5, 2026 Your morning rundown on the Canadian economy, markets, and money moves — TSX hits a record close, CUSMA talks roll past the deadline, the first CGEB payment lands, and what to expect ahead of the Bank of Canada's July 15 decision. 1. TSX closes at a record high on gold-miner strength The S&P/TSX Composite climbed 0.9% to close at a record 35,275 on Friday, July 3, powered by gold mining stocks. Gold prices firmed after U.S. nonfarm payrolls for June came in at roughly half the expected pace, fuelling bets that the Federal Reserve could turn more dovish. Agnico Eagle, Wheaton Precious Metals, and Barrick all posted solid gains, while financials like Scotiabank and BMO also moved higher on easing oil-supply concerns. Why it matters: if you hold Canadian equity index funds in your TFSA or RRSP, resource and financial-sector strength has been doing a lot of the heavy lifting this year — worth knowing if your portfolio feels more concentrated than you'd...
Steps to Improve Your Credit Score
Improving your credit score requires a combination of responsible financial habits and diligent monitoring of your credit report.
1. Pay your bills on time, as timely payments account for a significant portion of your credit score.
2. Reduce your credit card balances and try to maintain a low credit utilization ratio, as high credit card debt relative to your credit limit can negatively impact your score.
3. Avoid opening too many new credit accounts at once, as multiple inquiries within a short period can signal increased risk to lenders.
4. Regularly review your credit report for errors and dispute any inaccuracies you find.
5. Demonstrate a mix of credit types, such as a combination of credit cards, loans, and installment accounts, to showcase your ability to handle diverse financial responsibilities.
Consistently following these practices will gradually boost your credit score over time.
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