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Alberta Separation Dream Stalls: What the Court Ruling Means for Your Wallet and Canada's Future

                                                                                               Alberta Legislature Building, Edmonton.  A judge has killed Alberta’s separation referendum petition, citing a failure to consult First Nations. Premier Danielle Smith vows to appeal — but the path forward is murky, and the economic stakes for all Canadians are enormous. MoneySavings.ca Staff  •  May 15, 2026  •  6 min read For much of the past year, Alberta separatists believed they were on the cusp of a historic moment. The grassroots group Stay Free Alberta had gathered over 301,000 petition signatures — well above the 178,000 required — and Premier Danielle Smith had already booked Oct...
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TSX rises as energy and consumer staples lead




The Toronto Stock Exchange’s S&P/TSX composite index ended up 71.66 points, or 0.3%, at 21,061.88 on Monday, approaching its 20-month high of 21,074.91 reached last week. The energy and consumer staples sectors were the main drivers of the gains, as oil prices recovered some of their losses and investors digested a Bank of Canada business survey.

The survey showed that Canadian firms saw their order books decline as interest rates crimped consumer spending, and they expected inflation to ease despite increased concerns over wages for the next year. The report could keep the door open for interest rate cuts in the first half of the year, according to some economists.

The energy sector rose 0.9% as U.S. crude oil futures settled at $72.50 a barrel, down 0.3%. The consumer staples sector added 0.8%, boosted by shares of Saputo Inc and Loblaw Co, which climbed about 1.6% and 1.5%, respectively. The utilities sector also ended 1.1% higher.

Trading volumes were lower than usual, with U.S. markets closed for the Martin Luther King Jr. Day holiday. On Tuesday, Canada will release its consumer price index report for December, which could offer more clues on the central bank’s policy outlook. Economists expect inflation to rise to 3.4% from 3.1% in November.

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