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Shopify Just Pushed the TSX to a Record — Should You Be Buying, or Is It Too Late?

  Published August 6, 2026 If you glanced at the markets on Wednesday and saw the TSX hit another record high, there's a good chance one company did most of the heavy lifting: Shopify. The S&P/TSX Composite closed up 344.83 points, or 1%, at 36,146.42 on August 5 — its second straight record close. Shopify shares jumped 16.5%, their biggest one-day move in a year, after the Ottawa-based e-commerce company beat earnings expectations and issued a stronger-than-expected outlook for the rest of the year. Gold miners added to the rally too, as bullion prices climbed. What It Means for You: If you own a Canadian equity index fund or ETF in your RRSP or TFSA, you almost certainly own a slice of this move already — whether you meant to or not. What actually happened Shopify reported second-quarter revenue of $3.58 billion (U.S.), up 34% from a year earlier and well ahead of the roughly $3.45 billion analysts expected. Adjusted earnings came in at $0.42 a share versus the $0.40 expecte...
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Lebanon’s Political Fragility Amid Rising Tensions with Israel

 

As tensions between Hezbollah and Israel escalate, Lebanon finds itself on the precipice of a potential all-out war. This conflict threatens to exacerbate the already fragile political and economic situation in Lebanon, a country grappling with one of the century’s worst economic crises and a prolonged political deadlock.

Hezbollah, a powerful political and militant group in Lebanon, has been engaged in a low-level conflict with Israel since October 2023. The group’s actions have drawn mixed reactions within Lebanon, with some factions supporting Hezbollah’s stance against Israel, while others criticize it for dragging the country into a potentially devastating conflict.

The Lebanese political system, characterized by sectarian divisions and a lack of consensus, has struggled to address the nation’s pressing issues. The absence of a president since October 2022 has further compounded the political paralysis, leaving the country without effective leadership during these critical times.

The potential for an all-out war with Israel poses a significant threat to Lebanon’s already strained infrastructure and economy. The international community watches with concern, as any escalation could have far-reaching consequences for the region and beyond.

Lebanon’s path forward remains uncertain, with the need for political unity and stability more urgent than ever. The coming days will be crucial in determining whether the country can navigate through this crisis without descending into further chaos.





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