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Markets Mixed as TSX Dips and Nvidia Earnings Loom

Wednesday, May 20, 2026  |  moneysavings.ca / Canadian Money Brief 📊 At a Glance — Previous Close & Early Indicators (May 19) S&P/TSX Composite 33,741 ▼ 92 pts  (−0.27%) CAD / USD $0.7269 ▼ 0.10% WTI Crude Oil $103.84 ▼ 0.30% Gold (spot) Retreating ▼ Pressured Bitcoin (CAD) $105,426 ▼ 0.12% NVDA (pre-market) $229.96 USD ▲ Earnings today Canadian markets closed Tuesday in modest negative territory, with the S&P/TSX Composite edging down 92 points to 33,741 — weighed down by a retreat in gold prices and climbing bond yields, even as softer inflation data gave investors a brief moment of optimism. Canada's core inflation figures came in below expectations, falling to their lowest level in five years. While that should ordinarily calm nerves about future Bank of Canada rate hikes, traders largely looked past the headline, with yields on Canada's 10-year government bond continuing to climb. The disconnect between better inflation data and rising yields reflects a ...

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Tiny Homes for the Homeless: A Controversial Solution in Toronto

 

The City of Toronto has requested the removal of tiny shelters for homeless individuals from St. James Park. These shelters, built by the non-profit organization Tiny Tiny Homes, were designed to provide temporary housing for those experiencing homelessness. The city cited safety concerns and interference with public use of the park as reasons for the removal.

Ryan Donais, the founder of Tiny Tiny Homes, started building these shelters to address the growing number of homeless encampments in Ontario. Each tiny home is equipped with a bed, a small kitchen, a solar panel for lights and a fan, and a diesel-fueled heating system. Despite the city's request, Donais and his supporters are advocating for alternative locations for the shelters and have started a petition to garner public support.

The city has acknowledged the good intentions behind the initiative but maintains that the shelters pose safety risks and interfere with city staff's outreach work. As the debate continues, the future of these tiny homes remains uncertain.


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