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Daily Markets Update: New U.S. Tariffs on Canada, Oil Slips, Wall Street Eyes Big Tech Earnings

  Tuesday, July 21, 2026 Canadian investors have a lot to digest this morning. Washington slapped a fresh 50% tariff on a long list of Canadian goods late Monday, the TSX closed at a 12-day low, and oil prices are easing even as the U.S.-Iran conflict grinds on. Meanwhile, U.S. futures are pointing higher on a chip-stock rebound heading into a heavy week of earnings. Here's what moved markets overnight and what it means for your money. Top Story: New 50% U.S. Tariff on Canadian Goods President Trump signed proclamations Monday imposing a 50% tariff on a wide range of Canadian products — including wine, dairy, furniture, hockey equipment, cement, plywood, swimming pools and clothing — citing "discriminatory treatment" of U.S. alcohol, autos and dairy. The tariffs take effect August 19 and, unlike earlier rounds, apply even to goods that qualify for duty-free treatment under CUSMA. Energy, potash, critical minerals and goods already covered by existing Section 232 tariffs (...
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Navigating Social Media Safely: Tips for Parents and Kids

 

Social media has become an integral part of teenagers’ lives, but it also raises concerns for parents. Here are some essential guidelines to help protect your kids online:

  1. Age Considerations: While there’s no magical age, experts recommend waiting until at least 13 before allowing kids on social media platforms. However, consider individual maturity levels and readiness.

  2. Privacy Awareness: Teach your child to protect their privacy by:

    • Avoiding friend requests from strangers.
    • Keeping account passwords secure and changing them regularly.
    • Not sharing passwords, even with friends.

  3. Monitor and Discuss: Regularly check your child’s social media activity. Engage in open conversations about their experiences online.

  4. Model Healthy Use: Be a positive role model by demonstrating responsible social media behavior.

  5. Social Media Literacy: Educate your child about recognizing fake news, cyberbullying, and the impact of their online presence.

Remember, staying informed and maintaining open communication are key to ensuring a safe digital environment for your family. 

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