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...
Netanyahu's Strategy Amid Ceasefire Talks: A Balancing Act
Israeli Prime Minister Benjamin Netanyahu has pledged to intensify pressure on Hamas while navigating delicate negotiations for a ceasefire. The proposal, mediated by Egypt and Qatar, includes the release of hostages and humanitarian aid to Gaza. However, Netanyahu insists on Hamas disarming, a condition the group has rejected.
The ceasefire talks come amidst renewed violence, with Israeli strikes killing civilians in Gaza, including children, during the Eid al-Fitr holiday. Netanyahu's cabinet has approved measures to crush Hamas' military capabilities while maintaining diplomatic efforts. The situation remains tense, with both sides holding firm on their demands.
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