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TSX Rebounds as Oil Climbs and Canada’s Jobs Data Lands

  Friday, May 8, 2026  ·  Canadian Money Brief  ·  moneysavings.ca TSX Opens Higher After Thursday Dip Canadian stocks are staging a recovery Friday morning, with the S&P/TSX Composite climbing back after a rough Thursday. The index shed 0.4% to close at 33,857 as investors locked in recent gains ahead of U.S. and Canadian jobs data due Friday — with energy shares dragging it lower as oil pulled back. As of Friday morning, the TSX had recovered to around 33,932, up roughly 1.1% , following positive cues from Wall Street futures. Oil Back in Focus: Geopolitics Drive WTI Toward $96 WTI crude futures climbed toward $96 per barrel on Friday , recouping some of the week’s losses as fresh clashes between the U.S. and Iran threatened to derail diplomatic efforts to end the conflict. U.S. Central Command confirmed American forces intercepted Iranian attacks and carried out defensive strikes, while guided missile destroyers passed through the Strait of Ho...
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April 5: A Day of Resistance Against Trump and Musk

As tensions rise over controversial policies and decisions by former President Donald Trump and billionaire Elon Musk, a wave of protests is set to sweep across the globe on April 5. Organizers are calling this the largest single day of demonstrations since Trump’s second term began. With over 600 events planned in cities across the United States and internationally, the protests aim to challenge what activists describe as an authoritarian power grab threatening democracy and essential social programs.

In Washington, D.C., thousands are expected to gather at the National Mall for a massive rally, while similar events will take place in cities like Los Angeles, Buffalo, and London. The movement, fueled by growing frustration with the administration's agenda, seeks to defend civil rights, public education, and healthcare against proposed cuts.

The protests also target Musk’s leadership of the Department of Government Efficiency (DOGE), accusing him of pushing extreme measures to slash federal spending and workforce. Demonstrators have organized "Tesla Takedown" rallies at Tesla dealerships nationwide, condemning Musk’s influence in reshaping government policies.

April 5 promises to be a defining moment in the fight for democracy and justice, as citizens unite to voice their opposition to policies they believe undermine the fabric of society.

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