Skip to main content

Featured

Weekly Market Snapshot: June 9–13, 2026

Canadian markets closed out a turbulent week on a positive note, as the Bank of Canada's decision to hold its benchmark rate at 2.25% and easing Iran tensions helped the TSX recover from a mid-week dip to finish the week up roughly 1.53% . A surprise Dollarama earnings beat gave the retail sector an additional lift. 📊 Market Scoreboard — Week of June 9–13 Index / Asset Level (Fri. Close) Weekly Change S&P/TSX Composite 34,937.85 ▲ +1.53% S&P 500 (USD) ~7,431 ▲ ~+0.6% wk Dow Jones (USD) 51,202 ▲ +0.7% Fri CAD/USD 0.7160 ▼ Modest pressure WTI Crude Oil (USD/bbl) ~$84.29 ▼ 8-wk low Gold (USD/oz) ~$4,226 ▲ ~2.8% Sources: Yahoo Finance Canada, Trading Economics, TMX Money. Figures reflect approximate Friday close / intraday levels as of June 13, 2026. 🔑 5 Things That Moved Markets This Week 1 — Bank of Canada Holds at 2.25% The BoC held its benchmark rate steady on Wednesday, June 11 — as widely expected after Canada's May jobs report came in with a blowout 88,000 new pos...
Post a Comment
Read more

article

Labels

Carney and Trump Set to Meet Amid Renewed Diplomatic Focus

 

Prime Minister Mark Carney and U.S. President Donald Trump are preparing for their first in-person meeting following a phone call on Tuesday. The conversation, which came shortly after Carney's election victory, emphasized the importance of Canada and the United States collaborating as independent, sovereign nations. Both leaders agreed to work together for mutual benefit and to meet in the near future.

This meeting comes at a pivotal time, as Carney's government navigates a minority mandate and ongoing trade tensions with the U.S. The discussions are expected to address key issues, including tariffs on Canadian exports and broader economic cooperation.

Carney's victory speech highlighted his commitment to uniting a divided Canada and fostering stronger ties with international partners. The upcoming meeting with Trump will likely set the tone for future Canada-U.S. relations.

Labels:

Comments

Post a Comment