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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
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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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