Skip to main content

Featured

5 Things to Know Today — September 24, 2026

  Thursday, September 24, 2026 5 Things to Know Today Bond yields are hitting levels not seen in decades, Trump and Xi just extended a trade truce, and the Bank of Canada is mired in a near-100-day strike. Here's what Canadians need to know this morning. 1 · Markets TSX Sinks as Bond Yields Hit Multi-Decade Highs The TSX dropped 584 points on Wednesday — a 1.61% slide — closing at 35,751.43 and breaking through its 25-day and 50-day moving averages. It was the worst single-session performance in weeks, reversing three straight days of gains. The selloff was driven by rising energy prices and a global bond market rout that has sent U.S. 10-year Treasury yields toward 5.1%, their highest since 2007, while Canada's 30-year yield hit a level not seen since 2004. Higher yields pull money out of equities and push up borrowing costs across the board. Big bank stocks led the decline — RBC fell 2%, TD dropped 2.4%, BMO shed 2%, and Scotiabank retreated 1.6% — while gold miners added to ...

article

A Temporary Truce, Enduring Tensions: North America's Economic Future in Question

 

A recent 30‐day pause on tariffs imposed by the U.S. administration on imports from Canada and Mexico—secured in exchange for enhanced border enforcement measures—provides only a short-term breather for North America’s deeply integrated economy . While officials from Washington, Ottawa, and Mexico City herald the move as a step toward preventing an all-out trade war, underlying vulnerabilities remain acute.

Despite the pause, significant uncertainty persists. The U.S. continues to enforce a 10% tariff on Chinese imports and has hinted at potential future measures against its largest trading partners. Economists warn that even a brief return to protectionist policies could disrupt critical supply chains—affecting sectors from automotive manufacturing to agriculture—and potentially spark consumer price hikes .

Moreover, the pause does little to resolve longstanding structural issues in the region’s trade framework. With North American markets intricately linked through decades of free trade, any renewed tariff action risks fragmenting an economic system that millions rely on for jobs and prosperity. Investors and businesses, meanwhile, remain cautious as they brace for what might be only a temporary lull in escalating tensions.

In short, while the tariff truce may ease immediate geopolitical pressures, it leaves open the possibility that deeper economic fault lines could soon re-emerge, threatening the stability of a continent built on interdependence and integrated commerce.

Comments