Published July 5, 2026 Your morning rundown on the Canadian economy, markets, and money moves — TSX hits a record close, CUSMA talks roll past the deadline, the first CGEB payment lands, and what to expect ahead of the Bank of Canada's July 15 decision. 1. TSX closes at a record high on gold-miner strength The S&P/TSX Composite climbed 0.9% to close at a record 35,275 on Friday, July 3, powered by gold mining stocks. Gold prices firmed after U.S. nonfarm payrolls for June came in at roughly half the expected pace, fuelling bets that the Federal Reserve could turn more dovish. Agnico Eagle, Wheaton Precious Metals, and Barrick all posted solid gains, while financials like Scotiabank and BMO also moved higher on easing oil-supply concerns. Why it matters: if you hold Canadian equity index funds in your TFSA or RRSP, resource and financial-sector strength has been doing a lot of the heavy lifting this year — worth knowing if your portfolio feels more concentrated than you'd...
Trump Suggests Making Canada the 51st U.S. State: A Bold Proposal
In a recent statement, former President Donald Trump made waves by suggesting that Canada should become the 51st state of the United States. While speaking at a rally, Trump claimed that the idea of incorporating Canada into the U.S. was not just a passing thought, but a "real thing" he was considering.
The bold proposal has sparked immediate reactions, with many questioning its feasibility and implications. Critics point to the significant political, cultural, and economic differences between the two countries, which might make such an integration challenging. Supporters, however, see it as an opportunity for stronger economic ties and a unified front on the global stage.
Although Trump’s suggestion was likely meant to stir conversation, it raises important questions about the future of North American relations and the boundaries of national identity. Whether this idea gains any traction or remains a talking point in political circles, it has certainly captured the attention of many.
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