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Canadian Money Brief: Weekly Market Snapshot — May 26–30, 2026

TSX Composite: Resilient Near Record Highs It was a steady week for the S&P/TSX Composite, with the index trading just above the 34,500 level heading into Friday's close — not far from its 52-week high of 34,846. The market found support from several directions: optimism around a potential US–Iran ceasefire extension, strong performances in technology, mining, and industrial names, and falling bond yields following weaker-than-expected economic data. On the sector level, tech and metal mining led gains, while energy producers were mixed after oil prices pulled back from recent highs. Among the big banks, RBC, TD, and BMO each climbed roughly 1% on the week, helped by lower inflation concerns easing pressure on borrowing costs. Gold miners also had a solid run — Agnico Eagle added over 0.5% and Franco-Nevada advanced close to 1%. Year-to-date, the TSX is up approximately +9.3% , placing it third among major global indexes, behind Japan's Nikkei 225 (+29.1%)...
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Retirees Face Financial Strain as CPP Payment Increases Lag Behind Inflation in 2025

In 2025, retirees across Canada are feeling the pinch as the Canada Pension Plan (CPP) payment increases fail to keep pace with rising living costs. Despite a modest increase in CPP benefits, many retirees find that their purchasing power is eroding due to higher inflation rates.

The CPP payment adjustments for 2025 are based on the Consumer Price Index (CPI), which measures the rate of price change for goods and services. However, the 2.6% increase in CPP benefits falls short of covering the actual increase in living expenses faced by retirees. This discrepancy has led to growing concerns among retirees who rely heavily on their CPP payments for day-to-day expenses.

As a result, many retirees are finding it increasingly difficult to manage their finances, with some having to dip into their savings or cut back on essential expenses. The situation highlights the need for more robust measures to ensure that CPP payments adequately reflect the true cost of living for retirees.

In response to these challenges, financial experts are urging retirees to explore additional income sources and consider delaying CPP payments to maximize their benefits. While these strategies may provide some relief, the underlying issue of insufficient CPP increases remains a pressing concern for many retirees.

As the debate continues, it is clear that more needs to be done to protect the financial well-being of Canada's retirees in the face of rising living costs.




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