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TSX Ends April Under Pressure as BoC and Fed Hold Rates Amid Iran Tensions

April 30, 2026 | Canadian Money Brief TSX Closes Lower to End April as Central Banks Hold Firm, Oil Stays Elevated Canadian equities slipped on Wednesday, with the S&P/TSX Composite Index falling 0.8% to close at 33,318 as both the Bank of Canada and the U.S. Federal Reserve held interest rates. Rate Holds on Both Sides of the Border The BoC kept its policy rate at 2.25%, maintaining a wait-and-see approach amid ongoing US-Iran tensions that are stoking inflationary fears. South of the border, the Fed held its benchmark rate in the 3.5%–3.75% range, citing the spike in oil prices and heightened economic uncertainty from the Iran conflict. Banks Dragged, Energy Lifted The rate holds weighed on Canada's big banks. BMO was down 2%, Royal Bank of Canada fell 1.3%, and TD dropped 0.8%. Energy stocks were a bright spot, however. Canadian Natural Resources gained nearly 2% while Agnico Eagle lost nearly 3%, as gold prices softened while crude surged. Oil and OPEC+ in Focus WT...
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Eid al-Fitr 2024: A Time of Joy Amidst Global Reflection

 


As the crescent moon heralds the end of Ramadan, Muslims across the Arab world and beyond gather to celebrate Eid al-Fitr, a festival of breaking the fast, marked by communal prayers, feasts, and charity. This year’s festivities are tinged with a global consciousness, as communities worldwide reflect on current events and the true spirit of Eid as a time for unity, compassion, and giving.

In the Waterloo region, the day is filled with various events, embracing the joyous occasion as a public school board PD day allows students to join in the celebrations. Meanwhile, the global Muslim community feels the weight of the ongoing crisis in Gaza, reminding us that Eid is also a time for solidarity and support for those in need.

From the sighting of the moon to the final communal prayers, Eid al-Fitr is a testament to the enduring spirit of a community that, even in the face of adversity, finds reasons to celebrate hope, togetherness, and gratitude for life’s blessings.

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