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Weekly Market Snapshot — June 23–27, 2026

  Canadian markets finished the week on a positive note, with the S&P/TSX Composite closing Friday at 34,980 — up roughly 53 points from Monday's open near 34,927. Materials and financials did the heavy lifting, while tech continued to drag. Below is your complete snapshot of the numbers that matter most to Canadian investors and consumers this week. 📈 S&P/TSX Composite Metric Value Friday Close (Jun 27) 34,980.00 ▲ Friday Change +129.79 pts  (+0.37%) Monday Open (Jun 22) ~34,927 52-Week Range 26,547 – 35,630 1-Year Return +31.05% The TSX ended the week modestly positive despite tech turbulence. Gold prices lifted the materials sector , with Agnico Eagle, Barrick, and Franco-Nevada each gaining nearly 2% at points during the week. The big banks also provided ballast — TD, RBC, and BMO all posted gains as easing oil prices cooled inflation fears and pushed bond yields lower. On the downside, Shopify fell as much as 2.6% and Constellation Software shed 3.6% mid-week a...
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LCBO Stores Set to Reopen Tuesday After Resolving Last-Minute Dispute

 

The Liquor Control Board of Ontario (LCBO) and the Ontario Public Service Employees Union (OPSEU) have resolved a last-minute dispute, paving the way for LCBO stores to reopen on Tuesday. This resolution comes after a two-week strike that saw over 9,000 workers walk off the job.

The tentative agreement, reached on Friday, initially hit a snag when the union and the LCBO disagreed over the return-to-work protocol. The LCBO accused the union of introducing new monetary demands, while the union maintained that their demands were standard and had been used in previous strikes.

Despite the initial impasse, both parties confirmed on Saturday morning that the dispute had been resolved. Voting on the tentative deal is set to occur over the weekend, and if ratified, unionized workers will return to work on Monday, with stores reopening to the public on Tuesday.

The agreement includes an eight-percent pay raise over three years, the conversion of 1,000 casual employees to permanent part-time status, and the hiring of 60 additional full-time employees in warehouse operations. Additionally, there will be no store closures for the duration of the deal.

A significant point of contention was the expansion of ready-to-drink beverages into grocery and convenience stores. The Ford government expedited this timeline, allowing licensed Ontario grocery stores to sell these beverages ahead of schedule. A non-binding committee will be formed to determine the best way to implement these plans.

With the resolution of this dispute, Ontarians can look forward to shopping at LCBO stores again, knowing that their purchases support public services.


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