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5 Things to Know Today: Markets Near Records, Rates Hold, Oil Eases

  Here's what Canadian money watchers need to know as we head into the week: 1. TSX Hits Record Territory Amid Diplomatic Optimism The S&P/TSX Composite Index is hovering near 35,000 , approaching record levels as markets digest positive signals from U.S.-Iran negotiations. Senior officials say a deal to reopen the Strait of Hormuz could be signed at next week's G7 summit, easing geopolitical tensions and supporting oil-sensitive sectors. Financial stocks led gains—RBC, TD, and BMO all rose about 0.5–1%—while mining names like Agnico Eagle and WPM climbed despite softer gold prices. What it means for your wallet: A more stable geopolitical backdrop and lower oil prices could ease inflation concerns, improving conditions for your savings and investments. 2. Bank of Canada Holds Rates at 2.25% for Fifth Time On June 10, the BoC kept its benchmark overnight rate steady at 2.25% —marking five consecutive holds since October 2025. Governor Tiff Macklem cited a "two-directi...
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Safely Viewing the Solar Eclipse with a Cereal Box: A Simple DIY Guide

 

The upcoming solar eclipse on April 8th promises to be a celestial spectacle, and witnessing it safely is essential. While specialized eclipse glasses are recommended, you can also create a simple and effective viewer using a cereal box and a few household items. Let’s dive into the steps:

Materials Needed:

  1. Empty Cereal Box: Grab an empty cereal box from your kitchen.
  2. White Paper or Cardboard: Cut a piece that fits snugly into the bottom of the cereal box.
  3. Tin Foil: You’ll need this to create a pinhole projector.
  4. Tape or Glue: To secure the paper and tin foil in place.

Step-by-Step Instructions:

  1. Trace and Cut: Trace the bottom of the cereal box onto the white paper or cardboard. Cut out the traced rectangle.
  2. Top Opening: Cut off the side tabs on the top of the box, leaving the center intact.
  3. Tin Foil Cover: Tape a piece of tin foil over one of the openings at the top of the cereal box.
  4. Viewing Position: Stand with your back to the sun and look into the larger hole cut into the top of the cereal box. The sun’s image will be projected through the hole in the aluminum foil onto the white paper at the bottom of the box. This allows you to safely view the eclipse without directly looking at the sun.

Remember, improper observation of the sun during an eclipse can lead to eclipse blindness or retinal burns. Use this cereal box viewer as a safe alternative to enjoy the cosmic event. Happy eclipse watching! 

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