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5 Things to Know Today: Markets Near Records, Rates Hold, Oil Eases

  Here's what Canadian money watchers need to know as we head into the week: 1. TSX Hits Record Territory Amid Diplomatic Optimism The S&P/TSX Composite Index is hovering near 35,000 , approaching record levels as markets digest positive signals from U.S.-Iran negotiations. Senior officials say a deal to reopen the Strait of Hormuz could be signed at next week's G7 summit, easing geopolitical tensions and supporting oil-sensitive sectors. Financial stocks led gains—RBC, TD, and BMO all rose about 0.5–1%—while mining names like Agnico Eagle and WPM climbed despite softer gold prices. What it means for your wallet: A more stable geopolitical backdrop and lower oil prices could ease inflation concerns, improving conditions for your savings and investments. 2. Bank of Canada Holds Rates at 2.25% for Fifth Time On June 10, the BoC kept its benchmark overnight rate steady at 2.25% —marking five consecutive holds since October 2025. Governor Tiff Macklem cited a "two-directi...
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Israeli Military Faces Scrutiny Over Gaza Aid Worker Deaths


The Israeli military has come under intense scrutiny following the killing of 15 aid workers in Gaza on March 23. According to an initial investigation, the military stated that the incident occurred due to a "sense of threat" after troops perceived danger in the area. Six of the individuals killed were identified as Hamas militants, the military claimed.

The emergency workers, including members of the Red Cross, Red Crescent, and United Nations, were reportedly shot while traveling in clearly marked ambulances and fire trucks with their lights on. This account contradicts the military's initial statement, which suggested the vehicles approached in the dark without markings.

The Palestine Red Crescent Society has called for an independent international investigation, labeling the attack a "full-fledged war crime" and highlighting repeated violations of international humanitarian law. The Israeli military has promised a deeper investigation to clarify the circumstances surrounding the incident.

This tragic event has sparked global outrage and renewed calls for accountability in conflict zones. The findings of the ongoing investigation will likely shape international responses to the incident.

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