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TSX Closed for Victoria Day — What Moved Markets Before the Long Weekend

  A global bond rout, stalled US-Iran talks, and a surge past US$101 oil rattled Bay Street on Friday. Here's your full catch-up. Monday, May 18, 2026   ·  Canadian Money Brief  ·   Next TSX session: Tuesday, May 19 Indicator Last Price Change As of S&P/TSX Composite 33,833 ▼ 1.27% Fri May 15 CAD / USD 0.7273 ▼ 0.24% Fri May 15 WTI Crude Oil (USD/bbl) $101.02 ▲ 4.23% Fri May 15 Gold (USD/oz) $4,483 ▼ 2.88% (wk) Fri May 15 Bitcoin (CAD) $107,789 ▲ 0.18% Fri May 15 TSX Hits 10-Day Low as Bond Rout Rattles Bay Street Canadian markets head into a long weekend on a sour note. The S&P/TSX Composite Index closed at 33,833 on Friday — down 434 points, or 1.27% — its lowest level in ten trading sessions. The sell-off was broad-based, driven by a sharp global bond market rout that pushed Canada's 10-year government bond yield to its highest level in roughly two years, and geopolitical turbulence in the Middle East that lit a fire under oil while dousin...
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Tragedy at Toronto Pearson Airport: Police-Involved Shooting Leaves One Dead

A man has died following a police-involved shooting at Toronto Pearson International Airport's Terminal 1. Peel Regional Police responded to reports of a "man in distress" early Thursday morning. According to the Special Investigations Unit (SIU), the man produced a firearm during the encounter, prompting three officers to discharge their weapons. The 30-year-old man was transported to the hospital, where he was pronounced dead. No officers were injured in the incident.

The shooting caused significant disruptions at the airport, with passengers rerouted and delays reported. Authorities have assured the public that this was an isolated incident and there are no ongoing threats to safety. The SIU is investigating the circumstances surrounding the shooting, as is standard procedure in cases involving police conduct.

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