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TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...
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Whale Experts Investigate Stranded Pod in Orkney

 

Cetacean experts from across the UK have descended upon Orkney to conduct examinations and post-mortems on a stranded pod of 77 pilot whales. The pod washed ashore on Sunday beach last Wednesday, marking what experts believe to be the largest mass stranding in nearly a century. The team, including members from the Scottish Marine Animal Stranding Scheme (SMASS) and the UK Cetacean Stranding Investigation Programme (CSIP), aims to determine the cause of this tragic event.

The pod, which included male whales measuring up to seven meters (22 feet) long, as well as females, calves, and juveniles, presented a massive undertaking for the experts. Local farmers are on standby to assist with the removal of the carcasses. While some animals were still alive initially, the decision was made to euthanize them after rescue efforts proved challenging.

The investigations involve measuring each carcass and collecting samples of skin, blubber, and muscle. Due to the scale of the stranding, post-mortems will be carried out on some, but not all, of the animals. The site’s difficult accessibility has required the assistance of Sanday locals, who have been transporting experts using four-by-four vehicles. The emotional impact of witnessing so many animals lying on the beach has left the experts feeling helpless, yet they remain committed to understanding the tragedy that unfolded.

As the examinations continue, the scientific community hopes to gain insights into the factors contributing to this devastating event, shedding light on the challenges faced by marine life in our changing world. The Orkney strandings serve as a somber reminder of the delicate balance between human activity and the natural environment


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