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5 Things to Know Today (Nov 13): Gold Slump, Weak Loonie, BoC Odds & Nvidia

  Canadian Money Brief • Friday, November 13, 2026 Gold is sliding, the loonie is sagging, and Monday's inflation report looms over the Bank of Canada's next move. Here are the five things Canadians should know before the weekend. 1 Gold slump drags the TSX lower The S&P/TSX Composite fell 274.53 points (-0.75%) to 36,137.19 on Thursday as materials sank 3.2% and gold dropped about 3% to roughly US$3,878 an ounce, its lowest level in more than a year. Wall Street slipped too: Dow 52,297.09, S&P 500 7,592.40, Nasdaq 25,366.09. The TSX is now about 2.5% below its August record of 37,069. Futures were flat early Friday as gold bounced 0.4%. What it means for you: Gold miners carry real weight in Canadian index funds. Check how much of your TFSA or RRSP leans on materials, and avoid reacting to a single down day. 2 Loonie slips to a one-month low as US inflation widens the rate gap The Canadian dollar closed Thursday at US$0.7015 (C$1.4255 per US$1), its weakest close si...
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New Ontario real estate rules give sellers more options

 

Ontario has introduced new rules for real estate transactions that aim to provide more clarity and choice for buyers and sellers. The rules, which took effect on Friday, include the following changes:

  • Open bidding option: Sellers can now choose to disclose the prices of submitted bids to potential buyers, instead of keeping them secret. This is supposed to make the bidding process more transparent and fair, but it is not mandatory. Some experts say open bidding could reduce overbidding and lower prices, while others say it could have the opposite effect or harm sellers’ interests.
  • Designated representation: Buyers and sellers can now choose a designated representative from the same brokerage, instead of being subject to multiple representation. This means that the agent can advocate more actively for their client, instead of acting as a facilitator with limited advice. This is supposed to avoid conflicts of interest and improve the quality of service.
  • Improved disclosures: Brokers and brokerages have to provide more information to their clients, such as their role, duties, and fees. They also have to give them an information guide from the Real Estate Council of Ontario (RECO), the regulatory body that oversees the industry. RECO also has new enforcement tools to ensure compliance and protect consumers.
  • Amended code of ethics: Agents have to follow an updated code of ethics that reflects the new rules and promotes professionalism and ethical conduct.

The new rules are part of Phase 2 of the changes under the Trust in Real Estate Services Act, which was passed in 2019. The federal government has also promised to end blind bidding as part of its home buyers’ bill of rights, but it is still consulting with stakeholders.

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