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Oil Breaks $90 as Mideast Conflict Escalates: Markets Today

  Monday, July 20, 2026 Crude oil is the story investors are watching to start the week. Brent crude jumped roughly 3% and pushed past US$90 a barrel overnight — its highest level since June — after the United States and Iran escalated attacks in the Middle East over the weekend, curbing tanker traffic through the Strait of Hormuz. U.S. equity futures are pointing higher after Friday's tech-led selloff, European stocks opened mixed, and the Canadian dollar is getting a modest lift from firmer crude. Here's where every major market stood heading into today's session. 🇨🇦 TSX & Canadian Dollar Index / Asset Last Close Change S&P/TSX Composite 35,263.85 −76.30 (−0.22%) USD/CAD 1.4020 −0.10% (loonie firmer) The TSX closed Friday's session modestly lower, with financials and materials offsetting continued strength in energy names. The loonie is holding near its best levels in about a month, at roughly 1.40 per U.S. dollar, as Canada's status as a major oil expor...
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Ontario Science Centre to Close Immediately Due to Roof Collapse Risk

 


The Ontario Science Centre, a beloved landmark in Toronto, is facing an immediate closure due to the risk of its roof collapsing. An engineering report revealed that the more than 50-year-old building is at risk of potential roof panel failure, exacerbated by this winter’s snow load. The situation has prompted urgent action to ensure public safety.

Roof Condition and Closure Details

  • The roof structure in certain parts of the facility was constructed using outdated materials and systems, leading to deterioration.
  • Enhanced monitoring will keep the building safe over the summer months, allowing staff to vacate safely.
  • Infrastructure Ontario will seek alternative locations for the science centre while the new one at Ontario Place is under construction, expected to be completed by 2028.
  • Previously scheduled private events will proceed over the weekend, with reimbursements for science centre members and summer camp participants.
  • Efforts will be made to minimize disruption to the public and maintain the centre’s mandate through interim facilities and alternative programming options.

Background and Controversy

The Ontario Science Centre, which opened in 1969, was the world’s first interactive science centre. Advocates have fought to keep it at its original Don Mills location, even after Premier Doug Ford announced its move to Ontario Place during waterfront revitalization. The new facility will be smaller but offer more exhibition space.

The closure underscores the importance of maintaining critical infrastructure and addressing deferred maintenance needs. Fixing the roof is estimated to cost between $22 million and $40 million, necessitating a closure of up to two years. As the province navigates this challenge, the legacy of scientific exploration and education remains at the forefront.


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