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Canadian Money Brief – June 1, 2026: Markets Kick Off June on a High Note

  Markets Kick Off June on a High Note A strong finish to May carries momentum into the first trading session of June, with tech leading the charge and a major Berkshire deal grabbing headlines. At a Glance — Friday May 29 Close (Most Recent Confirmed) Index / Asset Level Change S&P/TSX Composite 34,769 +0.73% S&P 500 7,580 +0.22% Dow Jones 51,032 +0.72% Nasdaq Composite 26,973 +0.20% CAD/USD 0.7249 –0.06% WTI Crude Oil US$87.36/bbl –1.73% Gold US$4,574/oz –0.42% Sources: Yahoo Finance, Trading Economics. Closing data as of May 29, 2026. June 1 intraday data referenced in body. May Goes Out on a High North American markets wrapped up May in fine form. All three major U.S. indexes — the S&P 500, the Dow, and the Nasdaq — finished Friday at record closing highs, capping a month that saw the tech-heavy Nasdaq surge roughly 8% and the S&P 500 gain around 5%. The TSX also had a solid run, closing above the 34,700 mark on Friday, supported by a rebound in financials and ...
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Alleged Collusion: Parliamentarians Face Accusations of Treason



In a recent report from the National Security and Intelligence Committee of Parliamentarians (NSICOP), shocking allegations have emerged. According to the report, sitting federal politicians are allegedly “witting” participants in foreign interference schemes. NDP Leader Jagmeet Singh minced no words, declaring these parliamentarians as “traitors to the country” for their alleged collaboration with foreign governments.

The report highlights several concerning actions by these politicians:

  1. Mobilizing Voters: Some parliamentarians are accused of working with foreign missions to mobilize voters during political campaigns.
  2. Financial Ties: Others allegedly accepted cash from foreign missions or their proxies, either knowingly or through willful blindness.
  3. Sharing Privileged Information: The report suggests that certain parliamentarians shared privileged information with foreign diplomatic officials.

While Green Party Leader Elizabeth May downplayed the report’s significance, Singh remains deeply concerned. He places the blame on the leadership of both Prime Minister Justin Trudeau and Conservative Leader Pierre Poilievre for failing to address the issue.

As the nation grapples with these serious allegations, the question remains: How will Canada respond to this breach of trust by its elected representatives? 

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