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Markets Digest Hot U.S. Inflation as Iran Tensions Keep Oil Elevated

Publication:  moneysavings.ca / Canadian Money Brief  Date:  Tuesday, May 13, 2026 The TSX opens cautiously Wednesday after hotter-than-expected U.S. CPI data rattled Wall Street on Tuesday, while Strait of Hormuz disruptions continue to lift energy stocks and pressure the loonie toward 1.35 against the greenback. TSX ~34,291 S&P 500 7,400.96 ▼0.16% WTI Oil ~$102/bbl ▲ Gold ~$4,721 USD/oz ▼ USD/CAD ~1.35 US CPI Apr 3.8% ▲ (est. 3.7%) Market Overview Canadian investors are starting Wednesday on a cautious note following a mixed session south of the border. U.S. equities dipped Tuesday after April's consumer price index came in at 3.8% — a touch above the 3.7% consensus forecast and the highest reading since May 2023 — while the core rate held at 2.8%, also above expectations. The data has effectively closed the door on any Federal Reserve rate cuts in 2026, with traders now pricing in a roughly 70% chance of a rate hike by April 2027. For Canadians, the ripple effects...
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The world is facing a demographic shift as the population ages. According to the United Nations, the number of people aged 60 and over is expected to reach 2.1 billion by 2050, up from 962 million in 2017. This trend has significant implications for social and economic development, as well as for health and well-being.

An ageing population poses many challenges, such as increasing demand for health care, social protection, and long-term care services, as well as potential declines in productivity, economic growth, and fiscal sustainability. However, an ageing population also offers opportunities, such as tapping into the potential of older workers, enhancing intergenerational solidarity, and promoting active and healthy ageing.

To address the challenges and opportunities of an ageing population, governments, civil society, and the private sector need to work together to develop policies and programs that support the rights and needs of older persons. Some of the key areas of action include:

1. Promoting lifelong learning and skills development to enable older workers to adapt to changing labor markets and contribute to economic development.

2.  Ensuring adequate and sustainable social protection systems that provide income security and access to health care for older persons.

3. Investing in age-friendly environments that enable older persons to live independently and participate in their communities.

4. Fostering social inclusion and intergenerational cooperation to combat ageism and discrimination and enhance social cohesion.

5. Supporting research and innovation on ageing-related issues to improve the quality of life and well-being of older persons.

An ageing population is not a problem to be solved, but a reality to be embraced. By recognizing the diversity and potential of older persons, we can create a more inclusive and sustainable society for all.

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