Skip to main content

Featured

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...

article

Putin Proposes Meeting with Trump to Discuss Ukraine War and Energy Prices

In a recent statement, Russian President Vladimir Putin expressed his desire to meet with U.S. President Donald Trump to discuss the ongoing Ukraine war and energy prices. Putin emphasized the importance of addressing these issues, which have been highlighted by Trump in the early days of his new administration.

Putin acknowledged that serious peace talks with Ukraine would be challenging unless the West pressured Ukrainian President Volodymyr Zelenskiy to cancel a 2022 decree that bars negotiations with the Russian leader. He described Trump as smart and pragmatic, and expressed hope that a meeting could lead to constructive discussions on matters of mutual interest.

Trump, who was recently sworn in for a second, non-consecutive term, has also expressed his willingness to meet with Putin and seek an early end to the conflict. He has criticized the war as "ridiculous" and damaging to Russia's economy.

The proposed meeting marks a significant shift in the Kremlin's approach, as there has been little high-level contact with Western leaders due to the war in Ukraine. Both leaders have indicated their readiness to work together, with Putin noting his "pragmatic and trusting" relationship with Trump.

The potential summit could address various issues, including arms control and energy, given that both countries are major oil producers and consumers. Putin highlighted the need for stable oil prices, which are crucial for both economies.

As the world watches closely, the outcome of this proposed meeting could have far-reaching implications for the ongoing conflict in Ukraine and global energy markets.

Comments