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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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Tips for Getting Your Luggage First at Baggage Claim

 

While waiting for your checked luggage at the airport can feel like an eternity, there are a few tricks you can try to improve your chances of having your bag pop out early. Although there’s no guaranteed method, these strategies might give you an advantage:

  1. Travel Business or First Class: Passengers who fly in business or first class often receive better service, including the perk of their luggage being among the first to arrive at baggage claim. If you have the opportunity to upgrade, consider it for a smoother baggage experience.

  2. Frequent Flyer Status: Airlines offer priority baggage services to frequent flyers with elite status tiers. If you fall into this category, make sure the agent affixes a priority tag to your bag during check-in. While these bags are technically supposed to be offloaded before others, it’s not always guaranteed.

  3. Gate Check Your Bag: Arrive at the gate early and ask to gate check your bag. This means you’ll bring your suitcase through security and it will be loaded last onto the plane. Sometimes, this results in your bag being among the first to appear at baggage claim.

  4. Last One In, First One Out: If you’re checking your bag, consider doing so as late as possible. Bags loaded into the cargo hold last are often the first to be unloaded. However, keep in mind that the loading order isn’t always predictable.

  5. Get a “Fragile” Sticker: When checking in, request a “fragile” sticker for your bag. Representatives at the counter can affix this sticker, which might prioritize your luggage for early retrieval.

Remember, even if you follow these tips, there are no guarantees. However, you can also use technology to keep track of your bag’s whereabouts. Attach trackers like Apple AirTags or Tiles to your luggage, or check if the airline uses RFID tracking to monitor your bag’s journey from the cargo hold to the baggage claim.

Lastly, make sure to remove old bag tags from your suitcase before checking it in, but leave your personal tag with contact information and address. Safe travels!

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