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Weekly Market Snapshot: Trade Talks Collapse, 50% Tariffs Hit as Markets Wrap a Choppy Week

  Published August 22, 2026 · Canadian Money Brief BREAKING OVER THE WEEKEND U.S.-Canada trade talks collapsed late Friday night, and the U.S. imposed 50% tariffs on roughly $20 billion of Canadian goods just after midnight Saturday. Ottawa says it will retaliate dollar-for-dollar. Here's what happened on the markets before that news broke — and what it means for your wallet now. It was a genuinely strange week to be a Canadian investor. Stocks mostly rallied through Friday on hope that Washington and Ottawa were closing in on a trade deal. Then, hours after the closing bell, that deal fell apart. The 50% tariff that had been threatened, paused, and re-threatened for weeks finally landed. Markets haven't had a chance to react to it yet — that reaction starts Monday morning. Below is how the week actually traded, market by market, followed by what the tariff news means for you and what's on deck for next week. TSX: A Choppy Week That Ended With a Miner-Led Rally The S&P/...
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Poland Thwarts Explosive Plot Targeting Canada and U.S.

 

Authorities in Poland have arrested four individuals in connection with an alleged plot to send explosives to Canada and the United States. The suspects were reportedly planning to use courier services to mail the dangerous materials, which were camouflaged to avoid detection.

The National Prosecutor’s Office in Poland revealed that the arrests were made following a detailed investigation into the group’s activities. The parcels, which contained explosives and other hazardous materials, were intercepted before they could be dispatched.

The Royal Canadian Mounted Police (RCMP) have acknowledged the arrests but have refrained from commenting further to maintain the integrity of the ongoing investigation. This incident highlights the importance of international cooperation in preventing acts of terrorism and ensuring public safety.

Authorities are continuing their investigation to determine the full extent of the plot and any additional individuals involved.


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