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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
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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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