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Weekly Market Snapshot: Fed Hikes, Oil Above $100 and the TSX Finally Snaps Its Losing Streak (Sept. 15–19, 2026)

  September 19, 2026 It was the week everyone was waiting for. The Federal Reserve raised interest rates for the first time in three years — and almost immediately, markets started debating whether there's more to come. Meanwhile, oil pulled back from the week's highs but stayed well above $100 a barrel, and the TSX managed its first weekly gain after four straight weeks in the red. Here's everything that moved markets — and what it means for your wallet. 🍁 Canada — TSX Index Friday Close Week Change S&P/TSX Composite 35,806.65 +0.3% After four straight weeks in negative territory, the TSX finally caught a break — though "break" is generous. The index eked out a 0.3% weekly gain while closing Friday down 69.58 points (-0.2%), as rising bond yields and lingering energy-sector pressures kept the mood cautious on Bay Street. Financials were mixed: RBC edged slightly lower, TD rose 0.6%, but Fairfax Financial slid 2.6%. Gold miners pulled back after rallying shar...
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Federal government unveils new dental insurance plan for low- and middle-income Canadians

 

The federal government has announced the details of its new dental insurance plan, which will offer dental benefits to low- and middle-income Canadians who do not have private insurance.

The plan, which was a condition of the Liberals’ supply-and-confidence deal with the NDP, will be phased in gradually over 2024, starting with seniors over the age of 87, then children under 18 and people with disabilities, and finally all eligible Canadians in 2025.

The program will cover preventive teeth cleanings, treatments and removable dentures, and will be administered by Sun Life Assurance Company of Canada. The government expects the plan to benefit about 9 million people and cost $13 billion over the first five years.

To qualify, applicants must be Canadian residents with a household income under $90,000 and no private insurance. The government will check the criteria against tax filings and require employers to report on dental coverage. People who do not file their income taxes will not have access to the program.

The government said the plan will complement existing federal and provincial dental health benefits, but it is still negotiating with individual provinces on which program will be the primary payer.

The Liberals said the plan is part of their commitment to build a more inclusive and fair society, and to address the oral health needs of millions of Canadians who cannot afford dental care.

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