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5 Things to Know Today: Your Canadian Money Brief — June 2, 2026

  Tuesday, June 2, 2026  |  MoneySavings.ca Markets are mixed, a big government cheque is days away, and the Bank of Canada is just over a week from its next rate call. Here's what every Canadian should have on their radar this morning. 1 of 5 TSX Inches Lower as Gold Slips and Financials Feel the Heat The S&P/TSX Composite closed Monday at 34,735 points, down about 0.10% from Friday's session. It was a tale of two sectors: financials dragged on the index as RBC and TD each lost close to 1%, with CIBC shedding nearly 2%, while gold miners also pulled back — Agnico Eagle fell 3.5% and Barrick dropped close to 3%. On the bright side, energy stocks surged as oil prices rallied, with Canadian Natural Resources up nearly 3% and Suncor gaining over 3%. Shopify also climbed roughly 2% on enthusiasm around AI chip advances. Year-to-date, the TSX is up about 9.5% — trailing Japan's Nikkei (+31.8%) but ahead of the S&P 500 (+11.0%) for the period through June 1. 💡 Money Ti...
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Hamas Rejects Israel’s Ceasefire Response, Sticks to Main Demands



The Palestinian Islamist group Hamas has firmly rejected an Israeli ceasefire proposal. In a statement issued on Saturday, Hamas conveyed its response to the proposal to mediators in Egypt and Qatar. The group remains steadfast in its core demands, which include:
  1. Permanent Ceasefire: Hamas insists on a lasting cessation of hostilities.
  2. Israeli Troop Withdrawal: The complete withdrawal of Israeli forces from the entire Gaza Strip.
  3. Return of Displaced Palestinians: Ensuring the safe return of displaced Palestinians to their original areas and places of residence.
  4. Humanitarian Aid and Reconstruction: Intensifying the entry of relief and aid and commencing the much-needed reconstruction efforts.

Hamas’s readiness to engage in a prisoners-for-hostages swap deal with Israel, involving the release of 133 hostages, underscores the gravity of the situation. However, Israel has already dismissed some of these demands as delusional.

As tensions persist, the region remains on edge, awaiting further developments in this protracted conflict. The stakes are high, and the delicate balance between peace and continued strife hangs in the balance.

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