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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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Allegations of Secret Detentions at Detroit Facilities Spark Outrage


In a shocking revelation, U.S. Congresswoman Rashida Tlaib has alleged that over 200 individuals have been detained in secret facilities near the Canadian border in Detroit. These detentions reportedly occurred at locations not designed for long-term holding, raising concerns about the conditions and transparency of the process.

The Michigan Immigrant Rights Center (MIRC) has highlighted cases where families, including children, were held in windowless rooms without access to legal counsel or adequate provisions. Many detainees were said to have accidentally crossed into Customs and Border Protection (CBP) areas due to confusing signage near the Ambassador Bridge.

Advocates are calling for immediate reforms, including an end to secret detentions and better oversight of CBP practices. The allegations have sparked widespread calls for accountability and humane treatment of detainees.


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