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Daily Markets Update: Tech Selloff Deepens, TSX Holds Steady Near 35,000 — Monday, June 29, 2026

  Global equity markets closed Friday, June 27 with a familiar story: technology stocks under pressure, energy shares retreating on easing Middle East supply fears, and the Toronto Stock Exchange managing to hold its ground better than most. Here is what happened across every major market and what Canadian investors should be watching this week. 🇨🇦 Canada — TSX Composite Index Close (Jun 27) Change S&P/TSX Composite 34,980 ▲ +0.4% The S&P/TSX Composite rose 0.4% on Friday to close at 34,980, supported by strength in the mining and technology sectors. Mining shares climbed on higher gold prices, helped by a weaker U.S. dollar and softening expectations of further Federal Reserve rate hikes following the latest U.S. PCE inflation data. Canada and Japan also advanced cooperation on mining projects, including potential joint stockpiling discussions. Barrick Gold gained 1.6%, while Franco-Nevada rose 2.3%. On the tech side, Shopify surged 4.6% — backed by its Spring '26 produc...
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Mark Carney: Quebec's Unlikely Contender

In the bustling political landscape of Quebec, Mark Carney has emerged as a figure who defies conventional expectations. Known for his financial acumen and international reputation, Carney's transition into politics has been met with both skepticism and intrigue. Yet, as the race intensifies, voters appear willing to give him the benefit of the doubt.

Carney's appeal lies in his ability to connect with diverse audiences, blending his expertise with a relatable demeanor. His campaign has focused on addressing economic disparities and fostering unity in a province often marked by linguistic and cultural divides. While critics question his lack of political experience, supporters argue that his fresh perspective is precisely what Quebec needs.

As election day approaches, Carney's journey serves as a reminder that in politics, adaptability and authenticity can sometimes outweigh traditional credentials. Whether he succeeds or not, his candidacy has undoubtedly added a unique dynamic to Quebec's political narrative.




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