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TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...
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Canada Soccer’s Spy Drone Scandal: A Shocking Revelation Shakes the Sports World

 

In a stunning turn of events, Canada Soccer has found itself embroiled in a controversy that has sent shockwaves through the sports community. The revelation that the organization used drone surveillance to spy on an opponent’s training session during the 2024 Summer Olympics has left fans and players alike questioning the integrity of the game.

The Discovery

It all began when New Zealand players noticed a drone hovering over their training session ahead of their match against Canada. French police swiftly detained the operator, a member of the Canadian team’s staff. What followed was a cascade of revelations: Canada Soccer had allegedly been using drones for systemic spying over several years.

Immediate Consequences

The fallout was swift. Analyst Joseph Lombardi, assistant coach Jasmine Mander, and head coach Bev Priestman were all sent home from the Olympics. Lombardi, who admitted to filming another New Zealand training session, received an eight-month suspended prison sentence. Mander’s involvement was indicated by text messages exchanged with Lombardi.

The Aftermath

As investigations by Canada Soccer and FIFA continue, the scandal has ignited debates about ethics, fair play, and the impact on the sport’s reputation. Soccer legend Christine Sinclair has defended the Canadian women’s national team, but the damage has been done. Canada Soccer now faces a long road to redemption, and the sports world watches closely.


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