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TSX Eyes Fresh Records as Oil Climbs and the Loonie Strengthens

  Monday, August 10, 2026 Canadian and global markets head into the new week riding one of the strongest stretches of the summer. The TSX just posted its best week in about four months and closed at a fresh record Friday, Wall Street notched record closes of its own, and gold is sitting near all-time highs. The mood this morning is cautiously upbeat, but two threads are doing most of the work behind the scenes: whether Iran and Oman can actually reopen the Strait of Hormuz, and whether Ottawa and Washington can strike a deal before the August 19 tariff deadline — now just nine days away. 🇨🇦 TSX: Fresh Record, Best Week Since Early Spring The S&P/TSX Composite closed Friday at a record 36,381.23 , up 244.92 points (+0.70%) on the day. For the week, the index gained roughly 3.3% — its biggest weekly advance in about four months. Gold and mining stocks led the charge, supercharged by a blowout July jobs report: Canada added 75,100 jobs versus the roughly 17,800 economists expe...

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Quick Beef Pho

 

Ingredients:

  • 1 large onion, peeled and quartered
  • 4 cups low-sodium beef broth
  • 4 cups low-sodium chicken broth
  • 2 cups water
  • 2 tablespoons fish sauce
  • 1 (2-inch) piece fresh ginger, peeled and sliced into 1/4-inch rounds
  • 1 cinnamon stick
  • 1 tablespoon sugar
  • 2 star anise pods
  • 4 whole cloves
  • 8 ounces rice noodles
  • 8 ounces beef sirloin, sliced as thinly as possible
  • Bean sprouts, cilantro, lime wedges, hoisin sauce, and sriracha sauce, for serving

Instructions:

  1. Slice one of the onion quarters as thin as possible; set aside.
  2. In a large pot, combine the remaining 3 onion quarters, beef broth, chicken broth, water, fish sauce, ginger, cinnamon, sugar, star anise, and cloves.
  3. Bring to a boil, then reduce the heat to medium-low and simmer, uncovered, for 30 minutes.
  4. Meanwhile, bring a large pot of water to a boil. Off the heat, add the noodles. Let sit, stirring regularly to prevent sticking, until the noodles are soft and pliable but still not tender, 5 to 10 minutes.
  5. Drain and rinse well with cold water. Set aside.
  6. Over a large bowl, strain the broth through a fine mesh strainer. Discard the solids and pour the clear broth back into the pot. (Alternatively, you can use a fine mesh spider to fish out the solids.)
  7. Bring the broth to a boil.
  8. Add the noodles and cook until just tender, 30 seconds to 1 minute.
  9. Using tongs or a spider, lift the noodles from the pot and divide evenly into bowls.
  10. Reduce the heat to a simmer and add the sliced beef to the broth; let simmer until no longer pink, about 1 minute.
  11. Using a slotted spoon or spider, remove the beef from the broth and divide between the bowls. Ladle the hot broth over the noodles and beef.
  12. Top each bowl with the reserved thinly sliced onions, bean sprouts, and cilantro. Pass lime wedges, hoisin sauce, and sriracha sauce at the table.


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