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...
Spring Forward: Daylight Saving Time in Canada
As the winter chill begins to fade and the promise of spring looms on the horizon, Canadians prepare to embrace longer days and shorter nights. The eagerly awaited transition to Daylight Saving Time (DST) marks the end of standard time, as clocks across the country spring forward by one hour. This year, DST begins on Sunday, March 9, 2025, at 2 a.m. local time.
While the adjustment might mean losing an hour of precious sleep, the benefits of DST are well worth the initial grogginess. The extra daylight in the evenings encourages outdoor activities, boosts mental well-being, and provides a sense of rejuvenation after the long, dark winter months. Communities come alive as residents take advantage of the extended daylight to socialize, exercise, and engage in various recreational pursuits.
Historically, DST was introduced to make better use of daylight during the longer days of spring and summer. The practice was first implemented during World War I as a means to conserve energy. Over the years, it has evolved into a tradition that many Canadians eagerly anticipate.
As you set your clocks forward this weekend, take a moment to relish the thought of longer, sunlit evenings and the opportunities they bring. Whether it's a leisurely stroll in the park, a family barbecue, or simply soaking up the golden hour, the extra daylight is a gift to cherish.
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