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...
Key Points:
- Widespread Impact: The pollution crisis in Asia is extensive, impacting a significant portion of the global population.
- Health Hazards: Unsafe air quality poses serious health risks, leading to respiratory problems and other illnesses.
- Economic Consequences: The persistent pollution can have detrimental effects on the economy, potentially hindering growth and productivity.
- Call for Action: Addressing this issue requires urgent attention and action from governments, communities, and individuals to improve air quality and safeguard public health.
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