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Canadian Money Brief – June 1, 2026: Markets Kick Off June on a High Note

  Markets Kick Off June on a High Note A strong finish to May carries momentum into the first trading session of June, with tech leading the charge and a major Berkshire deal grabbing headlines. At a Glance — Friday May 29 Close (Most Recent Confirmed) Index / Asset Level Change S&P/TSX Composite 34,769 +0.73% S&P 500 7,580 +0.22% Dow Jones 51,032 +0.72% Nasdaq Composite 26,973 +0.20% CAD/USD 0.7249 –0.06% WTI Crude Oil US$87.36/bbl –1.73% Gold US$4,574/oz –0.42% Sources: Yahoo Finance, Trading Economics. Closing data as of May 29, 2026. June 1 intraday data referenced in body. May Goes Out on a High North American markets wrapped up May in fine form. All three major U.S. indexes — the S&P 500, the Dow, and the Nasdaq — finished Friday at record closing highs, capping a month that saw the tech-heavy Nasdaq surge roughly 8% and the S&P 500 gain around 5%. The TSX also had a solid run, closing above the 34,700 mark on Friday, supported by a rebound in financials and ...

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Ontario's Measles Crisis: A Community on High Alert

In the heart of Ontario, a measles outbreak has gripped the province, marking the largest surge since the disease was declared eliminated in Canada in 1998. With over 470 cases reported since October, the outbreak has spread across multiple regions, including Southwestern Ontario and Grand Erie, where the majority of cases are concentrated. 

The highly contagious nature of measles, coupled with low vaccination rates in certain areas, has fueled the rapid spread. Public health officials are urging residents to ensure their immunizations are up-to-date, as unvaccinated children account for most of the hospitalizations. 

Efforts to contain the outbreak include enhanced surveillance, public awareness campaigns, and the use of innovative tools like wastewater testing in cities like Ottawa. This method, though still in its early stages, offers a promising way to detect the virus and prevent further spread. 

As Ontario battles this public health challenge, the importance of vaccination and community vigilance has never been clearer. The fight against measles is a reminder of the collective responsibility to protect the most vulnerable among us.

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