Published July 5, 2026 Your morning rundown on the Canadian economy, markets, and money moves — TSX hits a record close, CUSMA talks roll past the deadline, the first CGEB payment lands, and what to expect ahead of the Bank of Canada's July 15 decision. 1. TSX closes at a record high on gold-miner strength The S&P/TSX Composite climbed 0.9% to close at a record 35,275 on Friday, July 3, powered by gold mining stocks. Gold prices firmed after U.S. nonfarm payrolls for June came in at roughly half the expected pace, fuelling bets that the Federal Reserve could turn more dovish. Agnico Eagle, Wheaton Precious Metals, and Barrick all posted solid gains, while financials like Scotiabank and BMO also moved higher on easing oil-supply concerns. Why it matters: if you hold Canadian equity index funds in your TFSA or RRSP, resource and financial-sector strength has been doing a lot of the heavy lifting this year — worth knowing if your portfolio feels more concentrated than you'd...
Yemen’s Houthi rebels have launched a missile at a U.S. warship patrolling the Gulf of Aden, forcing it to shoot down the projectile. This marks a further escalation in the biggest confrontation at sea the U.S. Navy has seen in the Middle East in decades.
The attack on the destroyer USS Carney is the first time the Houthis directly targeted a U.S. warship since the rebels began their attacks on shipping in October. The missile was successfully shot down by USS Carney, and there were no injuries or damage reported.
The conflict in the Middle East has been escalating for years, and this recent attack is a reminder of the ongoing tensions in the region. The U.S. Navy has been involved in the Middle East for decades, and this latest attack highlights the dangers that sailors face while patrolling the region’s waters.
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