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Weekly Market Snapshot: TSX Hits Record High, Then Retreats as Fed Shocks Markets

  Week of June 16–20, 2026  |  Published June 20, 2026 It was a week of records and reversals for Canadian investors. The TSX touched an all-time high midweek before a hawkish surprise from the U.S. Federal Reserve and falling oil prices — triggered by the U.S.–Iran interim peace deal — pulled markets lower into Thursday's close. Here's everything that moved the needle for your portfolio and wallet this week. 📊 Weekly Market Scorecard Index / Asset Level (June 19 Close) Week Change S&P/TSX Composite 34,857 ▼ Mixed (high: 35,629 Wed.) S&P 500 (USD) 7,500.58 ▲ +1.08% (Wed.) Dow Jones (USD) 51,564.70 ▲ +0.14% (Wed.) Nasdaq (USD) 26,517.93 ▲ +1.91% (Wed.) WTI Crude Oil (USD/barrel) ~$76.54 ▼ Sharp weekly decline Gold (USD/oz) ~$4,157 ▼ Fell on hawkish Fed CAD/USD (Loonie) ~$0.7068 ▼ Under pressure Note: U.S. markets were closed Friday, June 20, for the Juneteenth National Independence Day holiday. TSX figures reflect Thursday's close. 🇨🇦 TSX: A Record High That Did...

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Green Party Excluded from Federal Election Debates

The Leaders' Debates Commission has made the controversial decision to exclude the Green Party of Canada from participating in the upcoming federal election debates. This decision stems from the party's failure to meet the commission's participation criteria, which include running candidates in at least 90% of federal ridings. The Green Party's strategic choice to reduce the number of candidates in certain ridings was cited as a key factor in their disqualification.

The commission emphasized that this move was necessary to maintain the integrity of the debates and ensure they remain informative for voters. However, the decision has sparked debate about the inclusivity of the process and the representation of diverse political voices in Canada.

This exclusion raises questions about the balance between logistical criteria and democratic representation. The Green Party's absence from the debates could significantly impact their visibility and influence in the upcoming election.

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