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2 Days to the Tariff Deadline: Oil Tops $88, Loonie Holds Near an 8-Week High

  Monday, August 17, 2026 Markets are heading into a pivotal week with two big countdowns converging: the U.S. tariff deadline hits in just two days (Wednesday, August 19), and Statistics Canada drops its July inflation report this morning at 8:30am ET. Add in a fresh flare-up in the Middle East and a blockbuster AI earnings leak, and Monday's tape has a lot to digest. 🇨🇦 TSX: Off the Record, But Not By Much The S&P/TSX Composite closed Friday at 36,730.27 , down 29.02 points (-0.08%), easing back from Thursday's record close of 36,759.29. It was still the index's best run since April — six straight sessions of gains before Friday's pullback, driven largely by technology names (Shopify -3%, Constellation Software -2.3%, Celestica -4%) tracking weakness in U.S. cloud and platform stocks, plus softer retailers (Alimentation Couche-Tard -0.7%, Loblaw -1.1%) after disappointing U.S. consumer data. Financials held up better, with TD and CIBC both higher on hopes the F...
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Trump Declares 'Golden Age' for America in Inaugural Address

 

In a historic return to the White House, President Donald Trump declared the beginning of a "Golden Age" for the United States during his inaugural address on January 20, 2025. Speaking from the Capitol Rotunda, Trump outlined an ambitious agenda aimed at reversing what he described as the "horrible betrayal" of the previous administration.

Trump's speech was marked by a series of bold promises, including a commitment to end inflation, restore law and order, and reclaim American dominance on the global stage. He also announced the dismissal of several senior officials appointed by his predecessor, Joe Biden, and hinted at further removals to come.

The president's address was a mix of optimism and critique, as he painted a picture of a nation in decline but poised for a resurgence under his leadership. "From this moment on, America’s decline is over," Trump declared, emphasizing his intent to put America first and restore the country's prosperity and respect worldwide.

Trump's return to the presidency has been met with both support and controversy, as he continues to polarize the political landscape. However, his supporters remain hopeful that his promises will lead to a new era of national success.



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