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Weekly Market Snapshot: June 9–13, 2026

Canadian markets closed out a turbulent week on a positive note, as the Bank of Canada's decision to hold its benchmark rate at 2.25% and easing Iran tensions helped the TSX recover from a mid-week dip to finish the week up roughly 1.53% . A surprise Dollarama earnings beat gave the retail sector an additional lift. 📊 Market Scoreboard — Week of June 9–13 Index / Asset Level (Fri. Close) Weekly Change S&P/TSX Composite 34,937.85 ▲ +1.53% S&P 500 (USD) ~7,431 ▲ ~+0.6% wk Dow Jones (USD) 51,202 ▲ +0.7% Fri CAD/USD 0.7160 ▼ Modest pressure WTI Crude Oil (USD/bbl) ~$84.29 ▼ 8-wk low Gold (USD/oz) ~$4,226 ▲ ~2.8% Sources: Yahoo Finance Canada, Trading Economics, TMX Money. Figures reflect approximate Friday close / intraday levels as of June 13, 2026. 🔑 5 Things That Moved Markets This Week 1 — Bank of Canada Holds at 2.25% The BoC held its benchmark rate steady on Wednesday, June 11 — as widely expected after Canada's May jobs report came in with a blowout 88,000 new pos...
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Thousands Cheer at the 120th Toronto Santa Claus Parade, But Future Uncertain

Thousands of spectators lined the streets of Toronto on November 24, 2024, to witness the 120th annual Santa Claus Parade. The festive event featured colorful floats, marching bands, and of course, Santa Claus himself, bringing joy to both children and adults alike. Despite the celebration, organizers have expressed concerns about the parade's future due to rising costs and funding shortfalls.

Organizers have launched a GoFundMe campaign to raise $250,000 to cover the expenses of the parade. So far, they have managed to raise over $136,000, but more support is needed to ensure the beloved tradition continues. The city has committed some funds, and there is hope that federal support will also be forthcoming.

The parade's CEO, Clay Charters, emphasized the importance of the event to Toronto's community and economy, noting that it brings significant economic benefits to local businesses. Mayor Olivia Chow echoed this sentiment, calling the parade an essential part of Toronto's history and culture.

As the city waits for a Christmas miracle in the form of additional funding, the future of the Toronto Santa Claus Parade hangs in the balance.



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