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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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Escalating Conflict: Israeli Strikes in Gaza Result in Civilian Casualties

 

In a series of intense military operations, Israeli airstrikes across the Gaza Strip have resulted in the deaths of at least 20 Palestinians, according to medical sources. The strikes targeted various locations, including residential areas and temporary shelters housing displaced families.

Among the casualties were six individuals killed in attacks on tents in the coastal area of Al-Mawasi, designated as a humanitarian zone. Additionally, an airstrike on a house in Gaza City claimed the lives of seven people and injured ten others. The Gaza Health Ministry reported that 76 Palestinians have been killed in the past 24 hours due to ongoing Israeli military actions.

The Israeli military has stated that these operations are aimed at targeting “terrorist infrastructure” in response to ongoing hostilities with Hamas. However, the strikes have also exacerbated the humanitarian crisis in Gaza, with increasing reports of child malnutrition and shortages of essential supplies.

As the conflict continues, the international community remains deeply concerned about the escalating violence and its impact on civilians in the region.


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