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Canadian Money Brief: Markets Kick Off June With Records — What It Means for Your Money

  Tuesday, June 2, 2026  |  Canadian Money Brief June arrived with a bang on Wall Street — but the TSX took a breather to start the week. Here is everything you need to know about Monday's market action and what it could mean for your Canadian portfolio. Canada — TSX Edges Lower The S&P/TSX Composite slipped 34 points (−0.10%) on Monday, closing at 34,734.89 . The modest pullback came even as energy names found support: the S&P/TSX Capped Energy Index gained roughly 2.1% on the day, buoyed by rising oil prices. Financials were the drag, with the Capped Financial Index retreating about 1.3%. Year-to-date, the TSX is holding its own. Through June 1, Canada's TSX is up approximately 9.5% for the year — a respectable showing even as the index takes a short-term breather. For Canadian investors, the energy-sector strength is a reminder of the TSX's resource-heavy composition — a double-edged sword when oil spikes. United States — Wall Street Rings in June With New Re...
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Explore the need for COVID booster shots this fall

 


Canada: The National Advisory Committee on Immunization (NACI) in Canada has been actively monitoring COVID-19 vaccine guidance. In July 2023, they provided recommendations for the use of COVID-19 vaccines in the fall. These recommendations consider factors such as vaccine protection, duration of protection, and concurrent administration with other vaccines.

United States: As of October 3, 2023, the updated Novavax vaccine has been recommended for use in the U.S. Additionally, the updated Pfizer-BioNTech and Moderna COVID-19 vaccines are also recommended for use in the U.S. population.

Booster Doses:

Redesigned Vaccine: In the fall of 2023, a newly redesigned vaccine will be available for the entire U.S. population, including all age groups. This means a new booster dose will be recommended for anyone over the age of 6 months.

Timing: Getting a booster shot now can help build up antibodies ahead of the holiday season, especially as people travel and gather during Thanksgiving and other festivities.

Safety and Effectiveness:

Combining Vaccines: It’s safe to get the COVID shot and the flu shot at the same time. In fact, new research suggests that receiving both shots together could enhance the effectiveness of the COVID vaccine.

Individual Considerations: Consult your healthcare provider to assess your specific situation, taking into account your risk factors, overall health, and any previous vaccinations.

Remember, staying informed and following public health guidelines is crucial. If you have any concerns or questions, reach out to your healthcare provider. 

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