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Markets Open Mixed as Oil Holds Near US$96

Markets Open Mixed as Oil Holds Near US$96 Canadian Money Brief — Daily Markets Update • April 24, 2026 Markets are mixed this morning: the TSX is slightly lower, oil is steady near US$96, and the Canadian dollar is largely unchanged — a cautious tone for investors as geopolitical risks and earnings season take center stage. Market Snapshot TSX — modestly down in early trading, with broad-based caution across sectors. U.S. markets — softer opening as investors weigh global developments and corporate results. Oil — WTI holding near US$96, keeping energy names supported. Canadian dollar — little movement versus the U.S. dollar, reflecting a quiet FX backdrop. Winners and Losers Winners — energy and pipeline names showing strength on firm oil prices. Losers — select tech and discretionary stocks lag amid risk‑off flows. What’s Driving Markets Heightened attention on geopolitical tensions that are keeping commodity markets on edge. Ongoing corp...
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Canada’s Economy at Risk Due to Global Trade Disputes.

 

According to a trade expert, Canada is expected to face a challenging year due to global trade disputes. Mark Warner, principal counsel at MAAW Law, believes that Canada will be caught up in disputes between the United States, its biggest trade partner, and China and “sideswiped” as the U.S. ramps up enforcement of export controls.

The ongoing trade disputes could have a significant impact on Canada’s economy. The country’s relationship with China is already “a mixed-bag,” and the U.S. is expected to increase enforcement of export controls, which could further complicate matters.


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