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Markets Open Mixed as Oil Holds Near US$96

Markets Open Mixed as Oil Holds Near US$96 Canadian Money Brief — Daily Markets Update • April 24, 2026 Markets are mixed this morning: the TSX is slightly lower, oil is steady near US$96, and the Canadian dollar is largely unchanged — a cautious tone for investors as geopolitical risks and earnings season take center stage. Market Snapshot TSX — modestly down in early trading, with broad-based caution across sectors. U.S. markets — softer opening as investors weigh global developments and corporate results. Oil — WTI holding near US$96, keeping energy names supported. Canadian dollar — little movement versus the U.S. dollar, reflecting a quiet FX backdrop. Winners and Losers Winners — energy and pipeline names showing strength on firm oil prices. Losers — select tech and discretionary stocks lag amid risk‑off flows. What’s Driving Markets Heightened attention on geopolitical tensions that are keeping commodity markets on edge. Ongoing corp...
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Federal Government Extends Charitable Donation Tax Deduction Deadline to February 2025


In response to the recent Canada Post strike, the federal government has announced an extension for the deadline to claim charitable donations on tax returns. Originally set for December 31, 2024, the new deadline is now February 28, 2025.

Finance Minister Dominic LeBlanc stated that this extension aims to mitigate the impact of the strike, which significantly disrupted mail-in donations during the crucial holiday season. Charities, such as the Salvation Army, reported a drop in donations by over 50% due to the strike.

The government plans to introduce legislation to amend the Income Tax Act once Parliament resumes on January 27, 2025. This extension is expected to provide charities with additional time to receive and process donations, ensuring they can continue their vital work in communities across Canada.



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