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Stocks Rip to Records as Oil Craters on Iran De-Escalation Hopes

August 5, 2026 Global markets roared into record territory Tuesday as easing fears over a Middle East oil shock sent crude prices tumbling and investors piled back into stocks. The Dow closed above 54,000 for the first time ever, the S&P 500 hit its first record high since June, and the TSX bounced back hard from its Civic Holiday closure. Here's everything you need to know before the market opens today. 🇨🇦 TSX: Back With a Bang Canadian markets reopened Tuesday after Monday's Civic Holiday closure, and investors made up for lost time. The S&P/TSX Composite Index surged 575.45 points, or 1.63%, to close at 35,801.59 — one of its strongest single-day gains of the year — clawing back all of Friday's 0.79% pullback and then some. Index Close Change S&P/TSX Composite 35,801.59 +575.45 (+1.63%) TSX Venture 898.89 +3.66% The rally was broad-based, with financials and miners leading the charge: Brookfield Asset Management jumped more than 6% after officially comple...
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Thousands of Canadians Die While Waiting for Surgery



According to a recent report, more than 17,000 Canadians have died while waiting for surgery or diagnostic scans in 2022-23. The report also suggests that the actual number could be higher. This is a concerning issue that needs to be addressed.

Long wait times for surgeries, MRI and CT scans are putting thousands of patients at risk. The surgical waitlist in Ontario alone surpasses 200,000 people . This comes off the back of a 21-page report from CUPE’S Ontario Council of Hospital Unions that found hospital staff vacancies have grown dramatically, increasing 19 per cent over the last year, and currently 37,00 positions remain unfilled .

The consequences of the long waits are stark, as more than 2,000 people died on waiting lists for surgeries last year, up almost 50 per cent from the year before. Another 9,400 patients died waiting for MRIs and CT scans . The situation is dire and requires immediate attention.


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