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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
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Diplomatic Tensions Between India and Canada Worry Punjab Residents

 


The recent diplomatic spat between India and Canada has left many residents of Punjab anxious about their future plans. The expulsion of diplomats from both countries, following the murder of a Sikh separatist leader, has heightened concerns among those planning to work, study, or visit family in Canada.

Students, who heavily rely on Canadian educational institutions, fear that the strained relations could lead to stricter visa regulations and reduced opportunities. Families with relatives in Canada are also worried about potential travel restrictions and the impact on their ability to visit loved ones.

Local leaders and community members are urging both governments to de-escalate the situation and find a diplomatic resolution to avoid further disruption to the lives of ordinary citizens.

The uncertainty has cast a shadow over the aspirations of many young people in Punjab, who see Canada as a land of opportunity for higher education and better career prospects. As the situation unfolds, the hope remains that dialogue and cooperation will prevail to restore normalcy and safeguard the dreams of those affected.


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