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Canadian Markets Brief — May 22, 2026: TSX Holds Firm as Oil Breaks $100 Again

  Canadian equities closed Thursday's session in positive territory, with the S&P/TSX Composite Index rising approximately 95 points to 34,257 — buoyed by a surge in energy stocks after the price of West Texas Intermediate crude topped US$100 per barrel for the first time in weeks. The rally in oil helped offset broad weakness in gold and technology shares, keeping the TSX on track for its third consecutive year of gains. Key Numbers at a Glance Indicator Level Change S&P/TSX Composite 34,257 ▲ +95 pts (+0.28%) CAD / USD 72.50¢ US ▼ -0.22¢ WTI Crude Oil (July) US$101.77 / bbl ▲ +US$3.51 Gold (June) US$4,505.30 / oz ▼ -US$30.00 Dow Jones 49,924 ▼ -85 pts Energy Leads; Tech and Gold Lag The energy sector was Thursday's standout performer. Ongoing tensions in the Middle East — including a reported refusal by Iranian leadership to ship enriched uranium abroad despite diplomatic pressure — sent oil prices sharply higher and breathed new life into Canadian energy names. The...
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Pope Francis Shows Resilience Amid Health Setback


Pope Francis, 88, is resting and recovering after a recent health setback during his two-week battle with double pneumonia. The Vatican reported that the Pope experienced an isolated bronchial spasm, which caused a sudden worsening of his respiratory condition. Doctors promptly placed him on non-invasive mechanical ventilation after aspirating vomit that had been inhaled during a coughing fit.

Despite the alarming episode, the Pope remains conscious and alert. Encouragingly, he started his day with coffee and the morning newspapers, signaling a return to some normalcy. The Vatican emphasized that his prognosis remains guarded, but there have been no further respiratory crises overnight.

This health challenge comes as Pope Francis continues to inspire millions with his resilience and dedication, even amidst personal health struggles. The global Catholic community remains united in prayer for his swift recovery.

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