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5 Things to Know Today: Your Canadian Money Brief — June 2, 2026

  Tuesday, June 2, 2026  |  MoneySavings.ca Markets are mixed, a big government cheque is days away, and the Bank of Canada is just over a week from its next rate call. Here's what every Canadian should have on their radar this morning. 1 of 5 TSX Inches Lower as Gold Slips and Financials Feel the Heat The S&P/TSX Composite closed Monday at 34,735 points, down about 0.10% from Friday's session. It was a tale of two sectors: financials dragged on the index as RBC and TD each lost close to 1%, with CIBC shedding nearly 2%, while gold miners also pulled back — Agnico Eagle fell 3.5% and Barrick dropped close to 3%. On the bright side, energy stocks surged as oil prices rallied, with Canadian Natural Resources up nearly 3% and Suncor gaining over 3%. Shopify also climbed roughly 2% on enthusiasm around AI chip advances. Year-to-date, the TSX is up about 9.5% — trailing Japan's Nikkei (+31.8%) but ahead of the S&P 500 (+11.0%) for the period through June 1. 💡 Money Ti...
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"Fragile Ceasefire Shaken: Israeli Airstrike Claims Nine Lives in Gaza

In a tragic escalation of violence, an Israeli airstrike in the northern Gaza town of Beit Lahiya has claimed the lives of at least nine Palestinians, including two local journalists. The strike, which targeted a vehicle, left several others critically injured, according to Gaza's health ministry.

The incident underscores the fragility of the ceasefire agreement established earlier this year. Palestinian health officials report that dozens have been killed despite the truce, raising concerns about its sustainability. The airstrike coincided with ongoing ceasefire negotiations in Cairo, where Hamas leaders are seeking a resolution to the conflict.

The Israeli military has yet to comment on the incident, while Hamas has accused Israel of undermining the ceasefire. This latest development adds to the mounting tension in the region, with both sides facing international pressure to find a lasting solution.

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