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Daily Markets Update: New U.S. Tariffs on Canada, Oil Slips, Wall Street Eyes Big Tech Earnings

  Tuesday, July 21, 2026 Canadian investors have a lot to digest this morning. Washington slapped a fresh 50% tariff on a long list of Canadian goods late Monday, the TSX closed at a 12-day low, and oil prices are easing even as the U.S.-Iran conflict grinds on. Meanwhile, U.S. futures are pointing higher on a chip-stock rebound heading into a heavy week of earnings. Here's what moved markets overnight and what it means for your money. Top Story: New 50% U.S. Tariff on Canadian Goods President Trump signed proclamations Monday imposing a 50% tariff on a wide range of Canadian products — including wine, dairy, furniture, hockey equipment, cement, plywood, swimming pools and clothing — citing "discriminatory treatment" of U.S. alcohol, autos and dairy. The tariffs take effect August 19 and, unlike earlier rounds, apply even to goods that qualify for duty-free treatment under CUSMA. Energy, potash, critical minerals and goods already covered by existing Section 232 tariffs (...
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Bat Cupcakes

 

Ingredients:

  • Chocolate Cupcakes: You can use homemade or store-bought.
  • Chocolate Frosting: Homemade or store-bought.
  • Candy Googly Eyes: Found in the baking section of most grocery or craft stores.
  • Mini Oreos: For the bat’s face.
  • Regular Oreos: Split and broken in half to create the bat wings.

Instructions:

  1. Frost the Cupcakes: Pipe a generous layer of chocolate frosting on each cupcake.
  2. Prepare the Bat Wings: Twist apart regular-sized Oreos and scrape off the filling. Break each half into two pieces to create wings.
  3. Make the Bat Faces: Dab two small dots of frosting onto each mini Oreo and press a candy googly eye onto each dot.
  4. Assemble: Insert two Oreo wings into the frosting at the top of each cupcake. Place a mini Oreo with googly eyes in front of the wings to create the bat’s face.

Happy baking! 🧁🦇

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