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Shopify Just Pushed the TSX to a Record — Should You Be Buying, or Is It Too Late?

  Published August 6, 2026 If you glanced at the markets on Wednesday and saw the TSX hit another record high, there's a good chance one company did most of the heavy lifting: Shopify. The S&P/TSX Composite closed up 344.83 points, or 1%, at 36,146.42 on August 5 — its second straight record close. Shopify shares jumped 16.5%, their biggest one-day move in a year, after the Ottawa-based e-commerce company beat earnings expectations and issued a stronger-than-expected outlook for the rest of the year. Gold miners added to the rally too, as bullion prices climbed. What It Means for You: If you own a Canadian equity index fund or ETF in your RRSP or TFSA, you almost certainly own a slice of this move already — whether you meant to or not. What actually happened Shopify reported second-quarter revenue of $3.58 billion (U.S.), up 34% from a year earlier and well ahead of the roughly $3.45 billion analysts expected. Adjusted earnings came in at $0.42 a share versus the $0.40 expecte...
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Trump's Greenland Gambit: Denmark in Crisis Mode After Fiery Call

 

In a dramatic turn of events, Denmark finds itself in "crisis mode" following a contentious phone call between former U.S. President Donald Trump and Danish Prime Minister Mette Frederiksen. The call, which lasted 45 minutes, saw Trump making a direct and aggressive push to acquire Greenland, a move that has left Danish officials deeply unsettled.

Sources familiar with the conversation described it as "horrendous," with Trump being firm and confrontational. The Danish government, which had previously dismissed Trump's interest in Greenland as a mere curiosity, is now taking the threat seriously. One official likened the call to a "cold shower," emphasizing the potential danger of the situation.

Despite Frederiksen's clear stance that Greenland is not for sale, Trump remained adamant about his intentions. The call has not only strained diplomatic relations but also heightened concerns about the future of Greenland's autonomy. Danish officials are now scrambling to address the fallout and reassure their citizens and allies.

The situation underscores the complexities of international diplomacy and the unpredictable nature of geopolitical negotiations. As Denmark navigates this crisis, the world watches closely, aware that the implications of this standoff could extend far beyond the icy shores of Greenland.

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