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5 Things to Know Today: TSX Recap, Oil Eases, Loonie Under Pressure & Alberta's Pipeline Announcement (July 3, 2026)

  Friday, July 3, 2026 Here's what's moving markets and your money this morning — from Bay Street to the pumps to Ottawa. 1. TSX gains as investors digest a mixed session The S&P/TSX Composite closed up 0.31% on Thursday at 34,966.67 points (+109.68), its first full trading day back after the Canada Day holiday. Financials were mixed — Brookfield edged higher while TD Bank slipped nearly 1% — but mining stocks got a lift as gold prices ticked up, with Barrick and Franco-Nevada both up more than 3%. Shopify was the standout, jumping over 5% after settling a dispute with Shopline. 2. Oil prices ease as Iran-US talks continue in Doha Crude prices pulled back further and are now trading closer to pre-conflict levels after another round of indirect US-Iran talks in Doha, even though the sides didn't reach a breakthrough. That's welcome news for anyone filling up this long weekend, and it's also easing some of the energy-driven inflation pressure that's been compl...

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Mass Displacement in Lebanon Amid Escalating Conflict

 

Lebanon is facing a humanitarian crisis as over one million people have been displaced due to escalating violence between Israel and Hezbollah. The conflict has intensified, with Israeli airstrikes targeting various locations, including the Lebanese capital, Beirut.

The Lebanese Health Ministry reports that more than 1,000 people have been killed and at least 6,000 wounded in the past two weeks. The situation has forced approximately one-fifth of the population to flee their homes, seeking safety in less affected areas or neighboring countries.

The displaced population is experiencing severe hardships. Many have found temporary refuge in places like the city of Sidon, where they sleep in parking lots, or in mountain villages like Aramoun, where locals have opened their homes to those in need. The fear and anxiety among the displaced are palpable, as they worry about their safety even in their new locations.

The conflict has also affected Syrian refugees in Lebanon, who now find themselves displaced once again. Raed Ali, a Syrian refugee, expressed his despair, stating, "We don’t know where to go. That is the problem, we don’t know what our fate is".

The international community is closely monitoring the situation, with humanitarian organizations working to provide aid and support to the displaced population. However, the ongoing violence and the potential for further escalation continue to pose significant challenges for relief efforts.

As the conflict shows no signs of abating, the displaced Lebanese population remains in a state of uncertainty and fear, hoping for a resolution that will allow them to return to their homes safely.


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