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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...
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How to Boost Your Income in a Tough Economy


Many Canadians are feeling the pinch of the rising cost of living, and cutting expenses may not be enough to make ends meet. Financial experts say that increasing your income is a better strategy than slashing your budget to the bone.

Here are some ways to boost your income according to experts:

1.  Negotiating a higher salary at your current job is a good first step. Do your research on the market value of your skills and achievements, and being prepared to make your case for a raise.

2. Diversifying your income sources by selling your unwanted items, renting out your space or possessions, or starting a side hustle. However,  these options may require trade-offs in terms of time or privacy.

Many professionals in this field agree that boosting your income is more effective than cutting your expenses in the long run. You should be looking for opportunities to use your skills, hobbies, or passions to generate extra income, while being mindful of the tax implications.

Also seeking professional advise if you are struggling with debt or budgeting, as there may be solutions that you are not aware of. Increasing your income can help you achieve your financial goals and improve your quality of life.

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