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TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...
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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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