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5 Things to Know Today: Your Canadian Money Brief — June 2, 2026

  Tuesday, June 2, 2026  |  MoneySavings.ca Markets are mixed, a big government cheque is days away, and the Bank of Canada is just over a week from its next rate call. Here's what every Canadian should have on their radar this morning. 1 of 5 TSX Inches Lower as Gold Slips and Financials Feel the Heat The S&P/TSX Composite closed Monday at 34,735 points, down about 0.10% from Friday's session. It was a tale of two sectors: financials dragged on the index as RBC and TD each lost close to 1%, with CIBC shedding nearly 2%, while gold miners also pulled back — Agnico Eagle fell 3.5% and Barrick dropped close to 3%. On the bright side, energy stocks surged as oil prices rallied, with Canadian Natural Resources up nearly 3% and Suncor gaining over 3%. Shopify also climbed roughly 2% on enthusiasm around AI chip advances. Year-to-date, the TSX is up about 9.5% — trailing Japan's Nikkei (+31.8%) but ahead of the S&P 500 (+11.0%) for the period through June 1. 💡 Money Ti...
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Tragedy Strikes New Orleans: Unraveling the Details of the New Year's Day Attack

 

In the early hours of New Year's Day, a devastating attack unfolded on Bourbon Street in New Orleans, leaving 15 people dead and dozens injured. The suspect, identified as Shamsud-Din Jabbar, a 42-year-old U.S. citizen from Texas and an Army veteran, drove a rented pickup truck into a crowd of revelers before engaging in a shootout with police. Jabbar was killed in the exchange of gunfire.

The FBI has confirmed that Jabbar acted alone and was inspired by ISIS. In the hours leading up to the attack, Jabbar posted videos on Facebook declaring his support for the terrorist organization. Authorities are also investigating a possible connection to a vehicle explosion outside the Trump International Hotel in Las Vegas, though no definitive link has been established.

The attack has left the city in shock, with families and friends mourning the loss of their loved ones. Among the victims were an aspiring nurse, a former football star, and a father of two. The FBI and local law enforcement continue to investigate the incident, reviewing surveillance footage and following up on tips from the public.

As New Orleans begins to heal from this tragedy, the community remains resilient, coming together to support one another in the face of adversity.



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